Published 2 years ago

World stocks at 5-week high, earnings in the spotlight

Summary by Ground News

MSCI's broadest index of Asia-Pacific shares outside Japan was up 1 per cent. Japan's Nikkei rose 1.1 per cent by mid-morning. Hong Kong stocks rose 2 per cent, attempting another rebound after Monday's deep sell-off.

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Reuters

World stocks at 5-week high, earnings in the spotlight

World stocks scaled a five-week high on Wednesday, lifted by growing hopes that the pace of U.S. interest rate hikes could soon start to slow.

2 years ago·United Kingdom

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Channel News Asia

Asian shares rise on hopes of rate hike slowdown

SINGAPORE : Asian shares edged higher on Wednesday as investors clung to hopes that the pace of U.S. and global rate hikes will start to slow, though U.S. futures dropped after disappointing results from tech giants Alphabet and Microsoft. E-mini futures for the S&P 500 fell 1 per cent in early trade a

2 years ago·Singapore

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Inquirer

Asian shares rise on hopes of rate hike slowdown

Asian shares edged higher on Wednesday as investors clung to hopes that the pace of U.S. and global rate hikes will start to slow.

2 years ago·Manila, Philippines

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ARY News

Asian shares rise on hopes of rate hike slowdown

SINGAPORE: Asian shares edged higher on Wednesday as investors clung to hopes that the pace of US and global rate hikes will start to slow, though US

2 years ago·Pakistan

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Financial Express

Global markets: Asian shares rise on hopes of rate hike slowdown

E-mini futures for the S&P 500 fell 1% in early trade after Google-owner Alphabet posted softer-than-expected ad sales after the bell and Microsoft missed expected revenue forecasts, possible early signs of a slowdown in the U.S. economy.

2 years ago

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