Markets rise with Wall St on rate hope, healthy earnings

Hong Kong (AFP) Oct 26, 2022

Stocks rose Wednesday to build on another strong performance in New York following more healthy earnings from big-name firms while hopes for a slowdown in Federal Reserve rate hikes spread cheer. Hong Kong and Shanghai enjoyed a much-needed advance after China's central bank and forex officials pledged support for the country's equities, bonds and yuan, helping investors bounce back from Mon