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Stocks tumbled on Wall Street after the Federal Reserve signaled it will stay agressive on interest rate hikes. The AP's Ed Donahue reports.

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Asian shares decline after retreats on Wall Street, Europe
By ELAINE KURTENBACH - AP Business Writer
Thu,12/15/22-12:28AM , 143 Reads
BANGKOK (AP) — Asian shares followed Wall Street and Europe lower on Friday, with markets jittery over the risk that the Federal Reserve and other central banks may end up bringing on recessions to get inflation under control.

Oil prices and U.S. futures edged higher.
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The New York Stock Exchange, Wednesday, Dec. 14, 2022, in New York. The Federal Reserve raised interest rates by half a point on Wednesday. (AP Photo/Julia Nikhinson)

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Asia stocks follow Wall St down as Fed warns of higher rates
By ELAINE KURTENBACH - AP Business Writer
Wed,12/14/22-12:52AM , 141 Reads
BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in store following its latest increase.

Oil prices fell while U.S. futures edged higher.
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A currency trader passes by the screens showing the foreign exchange rates at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Dec. 14, 2022. Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month. (AP Photo/Ahn Young-joon)

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Asian shares track Wall St gains on cooler inflation data
By ELAINE KURTENBACH - AP Business Writer
Mon,12/12/22-11:39PM , 230 Reads
BANGKOK (AP) — Stocks rose Wednesday in Asia after a rally on Wall Street spurred by news that inflation in the U.S. cooled more than expected last month.
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People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Thursday, Dec. 8, 2022, in Tokyo. Shares are mostly lower in Asia after Wall Street sagged under weakness in tech stocks. (AP Photo/Shuji Kajiyama)

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Asian shares advance on back of Wall Street gains
By ELAINE KURTENBACH - AP Business Writer
Thu,12/08/22-1:31AM , 201 Reads
BANGKOK (AP) — Shares rose in Asia on Friday after an advance on Wall Street led by the latest rally in technology companies.

Chinese benchmarks rose on reports the government is planning new measures to support the ailing property sector, which has dragged on growth over the past several years.
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