Hang Seng Rallies on Policy Bets, Nikkei Slips on Fed Warnings

Hang Seng Rallies on Policy Bets, Nikkei Slips on Fed Warnings

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Asia’s major stock indexes were mostly in the red on Thursday with investor mood downbeat as hopes faded of a US Fed U-turn on rates any time soon and as the latest data showed China’s economy continues to struggle. The Federal Reserve committee’s decision to hold rates on Wednesday was no…

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