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A currency trader talks on the phone near a screen showing the foreign exchange rate between U.S. dollar and South Korean won, center, at a foreign exchange dealing room in Seoul, South Korea, Thursday, Dec. 22, 2022. Shares advanced in Asia on Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates. (Choi Jin-suk/Newsis via AP)

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Asian shares advance, Hong Kong up 2.8%, after Wall St rally
By ELAINE KURTENBACH - AP Business Writer
Wed,12/21/22-12:53AM , 187 Reads
BANGKOK (AP) — Shares advanced in Asia on Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates.
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A currency trader walks by the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Wednesday, Dec. 21, 2022. Shares were mixed in Asia on Wednesday after a modestly higher close on Wall Street as concerns over pressures on global growth tempered gains in the absence of major data releases. (AP Photo/Lee Jin-man)

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Asian shares mixed as recession worries temper Wall St gains
By ELAINE KURTENBACH - AP Business Writer
Mon,12/19/22-11:29PM , 38 Reads
BANGKOK (AP) — Shares were mixed in Asia on Wednesday after a modestly higher close on Wall Street as concerns over pressures on global growth tempered gains in the absence of major data releases.
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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 , 124 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 , 113 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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