HONG KONG, July 13: Asian shares made modest gains on Friday after China said its economy slowed in line with expectations, quashing fears data would show a “doomsday” scenario of the country heading for a hard landing.

Hong Kong closed up 0.35 per cent, or 67.52 points, at 19,092.63, Seoul jumped 1.54 per cent, or 27.50 points, to finish at 1,812.89, while Sydney finished 0.35 per cent, or 14.2 points, higher at 4,082.2.

Tokyo was also flat, adding 0.05 per cent, or 4.11 points, to finish at 8,724.12.

Singapore closed up 0.79 per cent, or 23.52 points, at 2,995.56.—AFP

Opinion

Editorial

May 9 fallout
09 May, 2024

May 9 fallout

A YEAR since the events of May 9, 2023, very little appears to have changed, at least from the political ...
A fresh approach?
09 May, 2024

A fresh approach?

SUCCESSIVE governments have tried to address the problems of Balochistan — particularly the province’s ...
Visa fraud
09 May, 2024

Visa fraud

THE FIA has a new task at hand: cracking down on fraudulent work visas. This was prompted by the discovery of a...
Narcotic darkness
08 May, 2024

Narcotic darkness

WE have plenty of smoke with fire. Citizens, particularly parents, caught in Pakistan’s grave drug problem are on...
Saudi delegation
08 May, 2024

Saudi delegation

PLANS to bring Saudi investment to Pakistan have clearly been put on the fast track. Over the past month, Prime...
Reserved seats
Updated 08 May, 2024

Reserved seats

The truth is that the entire process — from polls, announcement of results, formation of assemblies and elections to the Senate — has been mishandled.