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Asian Shares Retreat After Hawkish Fed Turn

Asian Shares Retreat After Hawkish Fed Turn
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Asian Shares Extend Losses Amid Rate Hike Bets

CANBERA (dpa-AFX) - Asian stocks extended recent losses on Thursday as stronger-than-expected U.S. inflation data raised concerns of a tighter monetary policy and its impact on the global growth ....

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Asian Shares Mostly Higher In Cautious Trade

Asian Shares Mostly Higher In Cautious Trade
CANBERA (dpa-AFX) - Asian stocks ended broadly higher on Thursday as investors reacted to Fed Chair Jerome Powell s dovish comments and U.S. President Joe Biden s congressional speech about increasing taxes on the rich.
Japanese markets were closed for Showa Day. Chinese shares fluctuated before finishing higher after Biden said he told Chinese President Xi that we welcome the competition - and that we are not looking for conflict. Biden also said he didn t seek worse relations with Russia.
The benchmark Shanghai Composite index edged up 17.83 points, or 0.52 percent, to 3,474.90 while Hong Kong s Hang Seng index ended up 231.92 points, or 0.80 percent, at 29,303.26. ....

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Asian Shares Subdued Ahead Of Fed Meeting

Asian Shares Subdued Ahead Of Fed Meeting
CANBERA (dpa-AFX) - Asian stocks fell in muted trading on Wednesday as investors looked ahead to the Federal Reserve s monetary policy announcement due out later in the day.
With bond markets flagging the threat of inflation, market participants are looking for central bank s forecasts for the economy, inflation and interest rates.
Chinese and Hong Kong shares ended on a flat note as the U.S. sanctioned an additional 24 Chinese and Hong Kong officials over Beijing s ongoing crackdown on political freedoms in the semi-autonomous city.
China s benchmark Shanghai Composite index finished marginally lower at 3,445.55, while Hong Kong s Hang Seng index ended marginally higher at 29,034.12. ....

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Asian Shares Mixed As Bond Yields Ease

CANBERA (dpa-AFX) - Asian stocks turned in a mixed performance on Wednesday despite a solid lead from Wall Street overnight. While Treasury yields stabilized, worries about policy tightening ....

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