Asian shares hit two-year high after Fed signals gradual tightening Asian shares scaled two-year highs on Thursday while the dollar and U.S. bond yields slipped after the U.S. Federal Reserve signaled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings. MSCI's broadest […]
Hang Seng 40
Stocks, dollar recover as markets try to move past Trump policy stumble Stocks, dollar recover as markets try to move past Trump policy stumble:- Asian stocks advanced on Tuesday after Wall Street steadied and the dollar bounced from a four-month-low, as anxiety over Donald Trump's setback on healthcare reform gave way to tentative […]
Lenovo third-quarter net profit falls 67 pct, blames weak macroeconomic environment Lenovo third-quarter net profit falls 67 pct, blames weak macroeconomic environment:- Lenovo Group Ltd, the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and […]