Asia shares bounce gingerly as bank fears linger
8 Articles
8 Articles
Asia stocks bounce gingerly but bank fears lurk
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.5% in early trade. Australian shares bounced 1.3% from Monday's four-month trough and the Hang Seng opened 0…
Asia stocks bounce gingerly but bank fears lurk
SINGAPORE : Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished.MSCI's broadest index of Asia-Pacific shares outside Japan rose
Asia shares bounce gingerly as bank fears linger
Asian stocks scraped off lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in the financial system had traders unsure how Federal Reserve policymakers will respond this week.
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