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Hong Kong stocks notch best week in more than 12 years; China attracts record inflow devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Markets retreat as Fed crushes March rate cut hope hurriyetdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hurriyetdailynews.com Daily Mail and Mail on Sunday newspapers.
Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut. ....
Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut."The Federal Reserve is getting closer to the first interest rate cut, but we're not there yet." ....
HSBC led Hong Kong's banks in keeping prime rates steady, following the lead of the city's monetary authority and offering a breather to businesses and mortgage borrowers as the economy struggles to crawl out of a stubborn slump. The city's biggest lender said in a statement at noon on Thursday that it will keep its prime rate unchanged at 5.875 per cent, while its deposit rate stays unchanged at 0.875 per cent per annum. Hong Kong's other lenders are expected to disclose their decisions later o ....