HONG KONG — World shares mostly advanced on Thursday despite Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3.75%-4.00%, as it attempts to control U.S. inflation that’s
HONG KONG — Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a rate hike. U.S. futures also edged higher. There is widespread expectation that the Fed will hike rates Wednesday for the first time in three years as
BANGKOK — Shares were mostly lower in Asia and U.S. futures also declined Monday on expectations that the U.S. Federal Reserve may raise interest rates soon. Oil prices surged about 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, marking their first military action in a month. The Trump administration just
WASHINGTON — Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last month showed. The minutes of the July 28-29 meeting, released Wednesday, don’t provide specifics on how many of the 19 officials supported
NEW YORK — Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders. After the bond market’s alarm bells rose in volume through the summer, the Trump administration announced on Wednesday a move that could help
TOKYO — Global shares were mostly higher on Thursday, powered by gains for AI-related stocks including computer chips. France’s CAC 40 edged up 0.1% in early trading to 8,685.40, while the German DAX added 0.4% to 26,445.93. Britain’s FTSE 100 shed 0.4% to 10,791.07. U.S. shares were set to drift moderately higher with Dow futures
