• Asian stock markets sink after Wall Street rally fades

    7 days ago - By Chron

    BEIJING - Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week.
    KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,614.37 and Tokyo's Nikkei 225 retreated 0.7 percent to 22,338.26. Hong Kong's Hang Seng lost 1.8 percent to 25,753.23 and Sydney's S&P-ASX 200 shed 0.4 percent to 5,903.20. Seoul's Kospi gave up 0.2 percent to 2,088.13 and benchmarks in New Zealand, Taiwan and Southeast Asia also declined.
    WALL STREET: Coming off a surge the...
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  • Asia stocks pull back from one-month high as Fed tempers rally

    8 days ago - By Reuters

    Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally.
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  • Asia stocks sag as Fed tempers Wall St. rally, dollar firm

    8 days ago - By Reuters

    Asian stocks dipped on Friday as Wall Street took a breather after the Federal Reserve kept intact its plans to continue raising interest rates at a gradual pace, with a fourth hike for this year expected next month.
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