Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed...
BEIJING — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation.Investors were looking ahead to monthly U.S. employment numbers for signs of weakness that might... BEIJING — Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation.
The Shanghai Composite Index SHCOMP advanced 0.3% while the Hang Seng HSI in Hong Kong was about flat. The Fed has raised its benchmark rate twice by 0.75 percentage points this year, three times its usual margin and the biggest hikes since the early 1990s. Data earlier this week indicated the number of new U.S. job openings being advertised slipped but was still near record highs.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian markets rise amid optimism on economic data, earningsAsian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies.
Read more »
Suspect charged with hate crime for allegedly attacking Asian woman in NYC: PoliceNEW YORK — The suspect involved in an unprovoked attack on a 59-year-old Asian woman in New York City on Sunday has been arrested and charged with a hate crime, police said.
Read more »
Janet Yang Becomes First Asian Elected as Film Academy PresidentHollywood producer Janet Yang has been named the new president of the Academy of Motion Picture Arts and Sciences by the organization’s Board of Governors. Yang, who is of Chinese descent, is…
Read more »
Google adds a tag to identify Asian-owned businesses in Search and MapsThe red and orange flower label will start appearing today.
Read more »
Art Attack: Experience First Friday in Style at Art Walks, Cultural Fests and MoreFirst Fridays are for art! Here's where to find it:
Read more »