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Weak factory data, Hong Kong protests spook Asian markets

  • Japan’s industrial output dropped unexpectedly, causing the Nikkei 225 Index to fall 0.8%, closing at 16,173 points, as per media reports.

    Contrary to estimations of a gain, data indicated that the country's manufacturing output had fallen 1.5% in August as compared to the month earlier.

    South Korea too registered a 3.8% drop in its August factory output.  

    The region’s investors are also edgy because of the situation in Hong Kong, which has been witnessing pro-democracy street protests for several days.

     

    Tagged as: Japan, industrial output, Nikkei, index, manufacturing, factory output, investors, Hong Kong, pro-democracy, protests, business news