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  • Sheryll Mericido

Asian stocks rose on Wednesday, according to AP

Tokyo, August 30, 2023, The Associated Press reported that Wednesday saw an increase in Asian stocks. The benchmark Nikkei 225 index for Japan rose 0.3% to 32,312.75. The Kospi in South Korea increased 0.4% to 2,563.37. The Shanghai Composite increased 0.1% to 3,139.28, while Hong Kong's Hang Seng increased 0.5% to 18,574.12. S&P/ASX 200 Australia increased 1.2% to 7,297.70. Benchmark US crude increased 34 cents to $81.50 a barrel in the energy market. The international standard for crude oil, Brent, increased 27 cents to $85.76 a barrel. The US dollar grew somewhat in currency trade, rising to 146.23 Japanese yen from 145.87 yen. As opposed to $1.0881, the euro now costs $1.0877.

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