Asian markets were mostly lower this morning,Monday,on continuing global economic concerns.Japan's Nikkei 225 was down 54.87,while Hong Kong's Hang Seng Index dropped 222.31 and Singapore's Straits Times Index fell 16.42.Australian markets were closed for the Queen's Birthday holiday.
There were anti-nuclear demonstrations in Tokyo at government buildings and the offices of Tepco,owner of the disabled reactors.The protesters were marking the 3-month anniversary of Japan's earthquake and tsunami disaster.
Japan's April machinery orders were down 3.3,which was worse than expected.The decline is attributable to parts and electricity shortages down to the earthquake and tsunami.
The World Economic Forum is meeting in Jakarta,Indonesia.Some 600 attendees will assess Asian prospects at the conference.Indonesia is being regarded as the next Brazil,the fifth BRIC country.
Hong Kong woke to partly cloudy skies today with thunderstorms in the forecast.It was 86F,and winds were out of the southeast at 7 mph.The humidity was 74%.
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