
Hong Kong share soar, while other Asian markets sink as tensions escalate in the Middle East
The Peninsula
Hong Kong share soared while other Asian markets retreated on Wednesday as tensions escalated in the Middle East. Oil prices extended gains after I...
Hong Kong share soared while other Asian markets retreated on Wednesday as tensions escalated in the Middle East.
Oil prices extended gains after Iran fired dozens of missiles into Israel, potentially raising the risk of disruptions to supplies.
That news overshadowed an upbeat report showing U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience.
But regional trading was thin, with mainland Chinese markets closed for a weeklong national holiday.
In Tokyo, the Nikkei 225 lost 2.2% to 37,808.76. It has retreated since the ruling Liberal Democratic Party chose Shigeru Ishiba to lead the government, replacing Fumio Kishida, who stepped aside on Tuesday.













