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Asia technology stocks slide as markets in Hong Kong and Taiwan fall more than 2%

Asia technology stocks slide as markets in Hong Kong and Taiwan fall more than 2%

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SINGAPORE — Shares in Asia-Pacific were lower in Thursday trade as tech stocks sold off following overnight losses on Wall Street — after data showed the consumer price index stateside in April remaining near the highest level in more than 40 years. In Hong Kong, the Hang Seng Tech index traded 3.96% lower. Shares of …

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Mainland China stocks rise on return to trade, as Asia stocks mostly climb following Fed rate hike

Mainland China stocks rise on return to trade, as Asia stocks mostly climb following Fed rate hike

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SINGAPORE — Shares in Asia-Pacific were mostly higher on Thursday following the U.S. Federal Reserve’s widely expected decision overnight to hike rates by half a a percentage point — its biggest increase in two decades. Mainland Chinese stocks closed in positive territory as they returned to trade following days of holidays. The Shanghai composite gained …

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