December 1, 2022

Asian shares greater on indicators of U.S. Fed slowdown, China

Reuters

China COVID cases steady as many Beijing businesses

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SYDNEY — Asian shares tracked Wall Avenue greater on Thursday, buoyed by alerts the U.S. Federal Reserve might gradual the tempo of rate of interest hikes and information of recent financial stimulus from China, with the greenback failing to recoup losses.

MSCI’s broadest index of Asia-Pacific shares…

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