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ASIAN stocks rebounded of Friday after steep losses in the previous session as strong U.S. economic growth and Apple Inc's impressive earnings offset some bearishness generated by the Federal Reserve's hawkish comments.
WASHINGTON: U.S. stocks retreated on Thursday after a solid opening, while the dollar gained as investors prepared for future rate hikes from the Federal Reserve.
SHANGHAI: Asian shares plunged to their lowest in nearly 15 months, short-term U.S. yields hit 23-month highs and the dollar strengthened on Thursday after the Federal Reserve's chairman signalled plans to steadily tighten policy.
WASHINGTON: U.S. stocks retreated Wednesday, erasing strong gains, after the Federal Reserve signaled an interest rate hike could be coming soon, while supply concerns stemming from tension between Russia and Ukraine saw oil prices touch highs not seen since 2014.
BEIJING: Asian share markets got off to a cautious start on Wednesday, after another volatile Wall Street session, as investors braced for the outcome of the Fed's meeting late in the day and any hints about faster tightening of monetary policy.
HONG KONG: Asian shares and U.S. futures fell sharply on Tuesday, with investors nervous about the potential for military conflict in Ukraine and ahead of a key Federal Reserve meeting that could offer hints about the timing and pace of rate hikes.
NEW YORK: Some of the world’s biggest funds are switching toward emerging-market (EM) equities in a bet their central banks have less need to raise interest rates after tightening before their developed-nation peers last year.
NEW YORK/LONDON: Risk aversion dominated markets on Friday as stocks slumped on Wall Street and in Europe, oil prices fell from seven-year highs earlier in the week and bond prices surged with traders scurrying for the relative safety of government debt.