HONG KONG (AFP): Equity markets in Asia mostly fell Thursday (Nov 25) as a batch of strong economic data spurred expectations that the Federal Reserve will withdraw its vast financial support and lift interest rates earlier than thought.
A drop in jobless claims to a five-decade low, along with a surge in consumer income and spending, reinforced optimism that the world's biggest economy is well on the recovery track but added to pressure on the central bank to prevent it from overheating.
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