Asian shares rise as Fed delivers first rate hike
Asian shares edged higher after the Federal Reserve delivered its first interest rate hike in over three years. The US dollar hit a seven-week high while short-term Treasury yields jumped.
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Asian equities advanced during Thursday morning trade after the United States Federal Reserve delivered its first interest rate hike in more than three years. The move eased pressures across global bond markets as investors priced in aggressive monetary tightening.
