Markets mixed after Wall St losses, Shanghai and Hong Kong rally

Hong Kong (AFP) Feb 6, 2024

Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch a long-running rout. Investors were still coming to terms with the prospect of US interest rates being kept at two-decade highs following a forecast-busting jobs report last week and a warning f