Thursday, March 23 2023

Associated Press

Asian shares mostly rise in muted trading on bargain-hunting

Asian shares were mostly higher Friday after Wall Street benchmarks fell on worries that the U.S. Federal Reserve will keep raising interest rates. Markets rose in Japan, Australia, South Korea and China in muted trading. Hot readings on the U.S. jobs market Thursday got traders thinking the Fed will need to keep inflicting pain on the economy to fight surging prices.

Source: Yahoo Sports

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