Taipei, Japan, Hong Kong and Shanghai all rose a day after Wall Street’s benchmark S&P 500 index tumbled following reports that the US consumer price index for last month rose 8.2 percent. Tokyo’s Nikkei 225 index rose 3.25 percent to 27,090.76, falling 0.09 percent for the week, while the broader TOPIX rose 2.35 percent to 1,898.19, down 0.45 percent from a week earlier. Hong Kong’s Hang Seng Index gained 1.21 percent to 16,587.69, but fell 6.5 percent weekly, while Shanghai Composite Index added 1.84 percent to 3,071.99, rising 1.57 percent. . . .
Read more at www.taipeitimes.com