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Asian Markets: Japan stocks trade higher; Nikkei 225 up 0.33%, SoftBank, Toyota, Hitachi lead gains KOSPI jumps 2.5% as SK hynix up 5.2%, Samsung Electronics gains 2.3%, Hyundai Motor rises 2.6%, Lotte Energy surges 23% Japan’s Nikkei rises 1% on hopes US shutdown may end soon; Mercari, Olympus, Tokyo Electron lead gains Japan stocks open lower; Nikkei 225 drops 0.71% as tech and large caps weigh Hong Kong markets open lower; Hang Seng Tech Index leads decline with 0.92% drop South Korea’s KOSPI index climbs in early trade; large-cap and blue-chip indices lead gains China stock markets open flat; CSI 1000 leads gains, SSE steady amid global trade caution Bank of Japan keeps interest rates unchanged at 0.5%, highest level since 2008 Asian Markets: Japan stocks trade higher; Nikkei 225 up 0.33%, SoftBank, Toyota, Hitachi lead gains KOSPI jumps 2.5% as SK hynix up 5.2%, Samsung Electronics gains 2.3%, Hyundai Motor rises 2.6%, Lotte Energy surges 23% Japan’s Nikkei rises 1% on hopes US shutdown may end soon; Mercari, Olympus, Tokyo Electron lead gains Japan stocks open lower; Nikkei 225 drops 0.71% as tech and large caps weigh Hong Kong markets open lower; Hang Seng Tech Index leads decline with 0.92% drop South Korea’s KOSPI index climbs in early trade; large-cap and blue-chip indices lead gains China stock markets open flat; CSI 1000 leads gains, SSE steady amid global trade caution Bank of Japan keeps interest rates unchanged at 0.5%, highest level since 2008
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# Middle-Income Trap