Nikkei

Asian shares rise on Fed rate hopes despite China worries

12 days ago   |   By Chron

TOKYO - Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises was countered by some uncertainty about coronavirus restrictions in China.
Trading was relatively muted in Asia ahead of U.S. markets being closed for Thanksgiving. Benchmarks rose in Japan, Australia and South Korea. They rose in Hong Kong but fell in Shanghai. Oil prices fell.
“A headwind for Asian markets is the COVID situation in China, where investors seem to be avoiding local assets and commodities as the country is seeing near-record numbers of COVID...
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Asian shares rise on Fed rate hopes despite China worries

Asian shares rise on Fed rate hopes despite China worries

12 days ago   |   By Stl Today

Asian shares are higher, although optimism about the Federal Reserve holding back on aggressive interest rate hikes was countered by some uncertainty about coronavirus restrictions in China. Trading was also relatively muted in Asia ahead of Thanksgiving holidays in the...
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