Thursday, 18 September 2014

Asian Market Update : Epic Research Malaysia

Asian markets were mixed Thursday while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.
The central bank's statement that its federal funds rate would remain low for "some considerable time" fanned a rally on Wall Street, with the Dow ending at a record high.
Tokyo surged 1.01 per cent by the break thanks to the weaker yen, but Sony plunged almost 10 per cent after warning of another huge loss this financial year.
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