Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. Oil prices gained.
Wall Street sank Wednesday after notes from the Federal Reserve's latest board meeting showed members expect "ongoing increases" in its key lending rate to slow the economy. That dampened hopes that cuts might start as early as late this year.
"The need for 'higher for longer' rates was made plain," said Vishnu Varathan of Mizuho Bank in a report.
The Shanghai Composite Index gained 0.1% to 3,294.68 and the Hang Seng in Hong Kong advanced 0.5% to 20,524.60.
The Kospi in Seoul rose 1.2% to 2,447.70 while Sydney's S&P-ASX 200 shed 0.3% to 7,289.70.
New Zealand and Jakarta advanced while Singapore declined.
This story is from the February 24, 2023 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 24, 2023 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Don't write off champions: Lyon on Kohli's recent batting slump
The Australian team must be hoping to take advantage of Virat Kohli's prolonged batting slump when the two sides clash in the five-Test series for the Border-Gavaskar trophy, starting on Friday, but veteran off-spinner Nathan Lyon has cautioned the hosts against writing off the star batter for whom he has \"nothing but respect\".
Shastri wants India to aim for positive start in Australia
Former India head coach Ravi Shastri wants his former team to put their recent shock loss to New Zealand at the back oftheir minds and concentrate on positive memories achieved from previous successes in Australia ahead of the upcoming five-Test battle for the Border-Gavaskar Trophy.
Bavuma, Coetzee, Jansen return for South Africa's home Tests vs Sri Lanka
Temba Bavuma has recovered from his elbow injury and will lead South Africa in the upcoming two-match Test series against Sri Lanka, which gets underway in Durban later this month.
Watson urges Australians to avoid confrontation With Kohli
Former Australia all-rounder Shane Watson has cautioned the Pat Cummins-led outfit to avoid being confrontational with Virat Kohli when both sides face off in the five-Test series for the Border- Gavaskar trophy, starting at the Optus Stadium in Perth on Friday.
Roger Federer pens emotional letter for retiring Rafael Nadal
Swiss tennis great Roger Federer wrote an emotional letter for his close friend Rafael Nadal as the Spaniard tennis ace is set to bid adieu to the sport.
Australia start practice session ahead of opening Test against India
Australian players wentthrough ahectictraining stinton Tuesday in preparation forthe Perth Test
UEFA Nations League: Croatia. Denmark enter quarters: Spain beat switzerland
Aosko Gvardiol struck a second half equaliser as Croatia secured a 1-1 UEFA Nations League ome draw with Portugal to qualify for the quarterfinals.
Aston Villa extend contract for Morgan Rogers till 2080
Aston Villa have rewarded Morgan Rogers, who has been an integral part of Unai Emery's plans this season, with a new contract that will keep him at Villa Park until 2030.
Minimally invasive solution for enlarged prostate commences its journey in Eastern India
Kolkata buzzed with excitement as top urologists came together to unveil a groundbreaking treatment procedure incorporating cutting- edge technology for the first time in eastern India. Rezum Water Vapour Therapy, a globally acclaimed, minimally invasive treatment for Benign Prostatic Hyperplasia (BPH), has been officially introduced for the first time in eastern India today in the presence of Ballari Chattopadhyay, Head of Corporate Communications Samaritan Medical, Surgical & Critical Care, Dr Amlan Chakraborty, Dr Smaranjit Chatterjee, Dr Kaushik Sarkar, Dr Nilanj an Mitra and other medical experts and distinguished dignitaries. BPH is a common condition affecting an estimated 28.1 million men in India alone, making it one of the most prevalent urological disorders in the country.
British tech cosset out on Indian safari, Kolkata new port of call for RedoQ & Praeferre
Come January, 2025, and two UK-based companies seem well-set to mark their footprints in Kolkata with promises of fresh cash inflows and employment generations.
