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Home>Asian Shares Rise as Fed Shows Patience

Asian Shares Rise as Fed Shows Patience

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Thu, 18 Dec 2014

Stocks in Japan and Australia jumped early Thursday on signals from the U.S. Federal Reserve that it is not in a hurry to raise interest rates, encouraging investor risk appetite. The Nikkei Stock Average surged 2.3% while the S&P ASX 200 gained 1.5%, after U.S. stocks rallied to the Fed's pledge
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