HONG KONG: The Hang Seng Index edges up 0.3% higher to 22,442 Wednesday on positive investor sentiment that the Fed might delay raising U.S. interest rates in December. Federal Reserve chairwoman Janet Yellen is expected to give a speech later Wednesday about the rates decision. Property stocks rose after data released Tuesday showed new home prices in mainland China increased for the seventh month in a row. Investor expectations have also been rising for more stimulus from Chinese authorities that would benefit the housing market. Greenland Hong Kong (0337.HK) gained 5% and Joy City Property (0207.HK) rose 4.3%. “The strong Australian third quarter GDP numbers and the positive open of the Chinese cash markets helped pare back some of the earlier losses” across Asia markets, IG says.
European stock markets slide at open 25 june 2018
London:Europe's main stock markets dropped 0.7 percent in opening deals on Monday, as investors worried over the festering global trade...
