Asian stocks trade mixed after US Fed holds interest rate steady; Hang Seng leads gains

Asian stocks trade mixed after US Fed holds interest rate steady; Hang Seng leads gains

Asian markets today: Asian stocks in Thursday’s session traded on a cautious note after the US Federal Reserve held its key rate steady and reiterated that it isn’t in a hurry to lower rates. The US central bank flagged the risks of higher unemployment and higher inflation, further obscuring the economic outlook. Following President Donald Trump’s announcement of…

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Asian markets today: Japan, South Korea, Hong Kong, China shut for public holidays; Australian stocks trade weak

Asian markets today: Japan, South Korea, Hong Kong, China shut for public holidays; Australian stocks trade weak

Asian stocks opened muted on Monday (May 5, 2025) amid public holidays in some of the key markets, including Japan, South Korea, Hong Kong and Mainland China. The key MSCI Asia ex Japan index traded higher by 0.45 per cent. The Hong Kong Stock Exchange (HKEX) is officially shut to observe Vesak Day- a significant public holiday in Hong Kong…

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