Asian shares were mingled on April 28 as already high valuations discouraged investors from buying equity ahead of the near-sighted US Federal Reserve meeting. MSCI’s broader index of Asia-Pacific shares outside Japan declined 0.23%. Australian stock rose 0.55%, but shares in China slipped 0.44%. Stock in Tokyo rose 0.16%.S&P 500 E-Mini stock futures rose 0.09%. …
Asian shares fail to induce earnings before Fed meets Read More »
The Federal Reserve’s policy committee began its two-day meeting on Tuesday, amid speculation that it could show signs of slowing down the purchase of large bonds in support of US economic recovery. A year and a half after the central bank reduced its key interest rate to zero and began purchasing assets at a faster …
The Federal Reserve begins to merge amid speculation Read More »
The chairman of the US Fed Reserve has urged lawmakers to raise the national emergency limit on Wednesday, warning that failing to pay off government debt would cause “significant damage” to the economy. “It’s very important that the debt is raised on time so that the United States can pay its debts on time,” Jerome …
The US Fed warns of ‘significant damage’ if senators allow debt default Read More »
