Home / Business / Asian bourses slip after Fed hike

Asian bourses slip after Fed hike

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.
Source: Business

About hmapj

Check Also

Bridging the gap

Cross-border trade between Thailand and neighbouring countries is thriving, thanks in part to expanded infrastructure …

Leave a Reply

Your email address will not be published.