Asian Stocks Slammed by Fed Rate Hike Risks

Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound seen earlier this week. Market focus was squarely on the Federal Reserve, which is expected to hike interest rates by at least 75…

"Asian Stocks Slammed by Fed Rate Hike Risks"

Asian shares gain, dollar slips as Omicron COVID-19 fears recede

By Administrator_India Capital Sands HONG KONG (Reuters) – A global share rally continued in Asian trading on Thursday and the safe haven dollar slid as markets welcomed signs that the Omicron variant of COVID-19 might be less severe than feared, as well as robust U.S. economic data. Japan’s Nikkei gained 0.57% and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.55%, a third successive session of gains as it recovered from a jolt on Monday…

"Asian shares gain, dollar slips as Omicron COVID-19 fears recede"