Shares were mostly lower Wednesday in Asia after Wall Street benchmarks retreated following the S&P 500’s rise to its highest level since the spring of last year.
U.S. futures were little changed and oil prices rose.
Tokyo’s Nikkei 225 edged 0.1% higher to 33,427.14, while the Hang Seng in Hong Kong sank 1.5% to 19,607.08. The Shanghai Composite index gave up 0.5% to 3,240.36 and the Kospi in Seoul slipped 0.4% to 2,594.19.
In Australia, the S&P/ASX 200 shed 0.2% to 7,345.30.
This week has few potentially market-moving events.
Federal Reserve Chair Jerome Powell will testify before Congress on Wednesday and Thursday. Last week, the Fed held its benchmark lending rate steady, the first time in more than a year that it didn’t announce an increase. But it also warned it could raise rates twice more this year.
The Bank of England will meet on interest-rate policy Thursday. Central banks around the world are heading in diverging directions as they battle inflation amid worries about a pressured global economy.
Denne historien er fra June 22, 2023-utgaven av The Statesman.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra June 22, 2023-utgaven av The Statesman.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Respect, trust and care are non-negotiable in a marriage'
People today are at a phase where relationships fail in front of the modern-day challenges. However, in contrast, there are Anup Kumar Roy Choudhury and Lata Roy Choudhury, who set an inspiring example of how relationships are kept alive. Married on 12 July 1976, the couple has spent 48 years together overcoming numerous problems and unexpected trials.
Shadows, light and symphonies: Kim Barbier illuminates Kolkata with Western classical elegance
As the crisp evening air gave a slight shiver, the daylight dwindled with flocks of birds flying back home, and the smell of fall engulfed the city.
Spring in Sandalwood forest
reeparna thinks about Kolkata while seated in her chamber at the Bhagabatpur rural health centre. She believes her best days are being spent in this health centre.
Dev Deepawali: Binding India's spirituality & divinity
Being presented as the \"Festival of Lights for the Gods\", Dev Deepawali is one of the most special events that Varanasi celebrates. It usually takes place fifteen days after Diwali on the full moon day.
A closer look at Justice Sanjiv Khanna's landmark rulings as he takes oath as 51st CJI
Justice Sanjiv Khanna assumed office as the 51st Chief Justice of India on Monday, following Justice DY Chandrachud's tenure.
Have we 'woken' up?
Pundits, politicians, and public commentators intensely debate the election results, I caution against hyperbole and overinterpretation of what was, in reality, a close race, though the margin of victory looks wider than it actually is, due to the special quirk of the electoral college system.
BGT: Team India jolted by Gill's thumb injury ahead of opening Test in Perth
Star opener Shubman Gill picks up injury during practice, creates headache for coach Gautam Gambhir
Paine worried over Gambhir's temperament
Former Australia skipper Tim Paine hit out at Gautam Gambhir for his coaching style ahead of the Border Gavaskar Trophy, and went on to state that he could not be a great fit into the Indian team as head coach.
Samson becomes first batter with 2 T20I tons in single calendar year
Sanju Samson delivered a breathtaking performance of batsmanship at the Wanderers Stadium here on Friday, smashing his third T20I century in the fourth match of the series against South Africa.
Paul Pogba and Juventus agree to terminate contract
Paul Pogba and Juventus have mutually agreed to part ways as the French midfielder faces an 18-month ban from football.
