• Treasury yields fall following Fed minutes0

    U.S. Treasury yields were mostly flat Thursday, as investors digested the latest Federal Reserve meeting minutes. The yield on the benchmark 10-year Treasury note fell marginally to 2.74%. The yield on the 30-year Treasury bond moved 1 basis point higher to 2.974%. Yields move inversely to prices, and 1 basis point is equal to 0.01%.

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  • Bank of Korea announces second straight rate hike0

    The market found some relief on the notion that the Minutes revealed a broad consensus for 50bps hikes in June and July and the possibility for a pause later in the year. Rodrigo Catril National Australia Bank The S&P/ASX 200 in Australia edged 0.43% lower. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.12%.

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  • Asia stocks rise; New Zealand central bank hikes rates by 50 basis points again0

    SINGAPORE — Shares in Asia-Pacific nudged higher in Wednesday morning trade, with New Zealand’s central bank announcing yet another 50 basis point rate hike. Hong Kong’s Hang Seng index advanced 0.64%, while the Shanghai Composite in mainland China edged about 0.6% higher and the Shenzhen Component gained 0.207%. The Nikkei 225 in Japan sat fractionally

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  • European markets open to close, data, earnings, Davos0

    LONDON — European stocks are expected to open lower Tuesday as U.S. markets struggle to maintain a comeback rally. The U.K.’s FTSE index is seen opening 35 points lower at 7,468, Germany’s DAX 47 points lower at 14,099, France’s CAC 40 down 28 points at 6,310 and Italy’s FTSE MIB 168 points lower at 23,945, according

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  • U.S.-China tariffs, oil and currencies0

    SINGAPORE — Markets in Asia-Pacific were subdued in Tuesday trading, as investors weighed a possible thawing of U.S.-China trade relations as U.S. President Joe Biden floated the idea of tariff cuts on Chinese goods. Chinese stocks were little changed in early trade. Hong Kong’s Hang Seng index was 0.43%. The Shanghai Composite was flat, while

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  • Hong Kong’s Hang Seng leads losses as Asia stocks fall0

    SINGAPORE — Shares in Asia-Pacific slipped Thursday morning after heavy losses on Wall Street overnight. Hong Kong’s Hang Seng index led losses regionally, falling more than 3% in early trade. Shares of Chinese tech behemoth Tencent plunged 8.1% after reporting that its quarterly profit halved. The Nikkei 225 in Japan fell 2.6% while the Topix

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