Wednesday 16 January 2019
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inquirer - 9 month ago

Asia equities mostly down

HONG KONG---Further weakness in the technology sector dragged on Asian equities Thursday while the dollar eased from its latest rally but it held most gains as US Treasury yields sat at four-year highs. Expectations the Federal Reserve will hike interest rates four times this year---instead of the three times previously thought---have increased as the improving economy, rising oil prices and Donald Trump s huge tax cuts fan inflationary pressure. This has led the yield on 10-year Treasuries---which are us

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