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World

Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 2

COLOMBO — Sri Lankan stocks soared on the first trading day of 2023, with a total turnover of 1.87 billion…

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Australia

Australian share market plunges 2% after US Fed hikes rates by 0.75 percentage points

The Australian share market has plunged by more than $55billion after the US Federal Reserve sharply raised interest rates by 0.75…

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US

Fed set to raise interest rates by 0.75 percentage points for fourth time in a row to 4 percent

The Federal Reserve will raise interest rates by 0.75 percentage point for the fourth time in a row on Wednesday…

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