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Asia-Pacific Stocks Slip as U S Fed Signals Rate Hikes in 2023

Mainland Chinese stocks, on the other hand, closed higher. The Shanghai composite gained 0.21% to 3,525.60 while the Shenzhen component advanced 1.234% to 14,472.37. Hong Kong s Hang Seng index rose about 0.1%, as of its final hour of trading. The S&P/ASX 200 in Australia fell 0.37% to close at 7,359. Australia s employment increased by 115,000 people from April to May, the country s Bureau of Statistics said Thursday. That was far higher than a 30,000 increase in employment expected by analysts in a Reuters poll. MSCI s broadest index of Asia-Pacific shares outside Japan fell 0.58%. Trading of Next Digital halted Trading of Next Digital shares in Hong Kong was halted on Thursday, according to an exchange notice.

Asia-Pacific Stocks Set for Muted Open as U S Fed Signals Rate Hikes in 2023

Mainland Chinese stocks were higher by the afternoon, as the Shanghai composite gained 0.17% while the Shenzhen component advanced 0.86%. Hong Kong s Hang Seng index rose 0.28%. The S&P/ASX 200 in Australia fell 0.2%. Australia s employment increased by 115,000 people from April to May, the country s Bureau of Statistics said Thursday. That was far higher than a 30,000 increase in employment expected by analysts in a Reuters poll. MSCI s broadest index of Asia-Pacific shares outside Japan fell 0.49%. Trading of Next Digital halted Trading of Next Digital shares in Hong Kong was halted on Thursday, according to an exchange notice. That came after the Apple Daily, which is published by Next Digital, reported Thursday that five of its directors including the publication s editor-in-chief and CEO were arrested by Hong Kong police.

Asian shares tumble after Fed hints that rates may be raised at faster pace

Asian shares tumble after Fed hints that rates may be raised at faster pace
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