BEIJING (AP) — Asian stocks fell Monday after a U.S. Federal Reserve official suggested a September interest rate hike still was possible and Japanese factory activity weakened. KEEPING SCORE: The Shanghai Composite Index fell 2 percent to 3,167.76 and Tokyo's Nikkei 225 shed 1.1 percent 18,920.90. Sydney's S&P/ASX 200 lost 0.9 percent to 5,213.50 and Hong Kong's Hang Seng retreated 0.3 percent to 21,539.59.
Asian Stocks Fall After Fed Suggests Sept Rate Hike Possible
By JOE McDONALD, AP Business Writer, San Antonio Express-News: World
Sun, 08/30/2015 - 9:45pm
BING NEWS:
- Stocks Fall After Fed Comments, Strong Retail Sales Data
Stocks fell Friday ... bank should cut interest rates at its meeting next month. Another rate cut in December is “certainly on the table, but it’s not a done deal,” said Boston Fed President Susan ...
11/14/2024 - 9:32 pm | View Link - Asian Stocks Fall as China's Stimulus Plan Fails to Impress Investors
Asian stocks slipped Monday in response to a lukewarm ... while traders adjust their expectations for future Federal Reserve rate cuts. Lower interest rates typically benefit the economy by ...
11/10/2024 - 9:29 pm | View Link - More
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