With Fed's meeting, Asian shares lose their footing

Note: This section contains information in English only.
Source: Reuters
As the Federal Reserve is gearing up for its policy meeting this week, Asian shares slid to their lowest in 10 weeks time. The MSCI index for shares outside of Japan lost 0.6% and slid to its lowest in three months. Japan's Nikkei broke its winning streak of five sessions and closed down 0.2%. The speculations on U.S. interest rate hike have distraught many global markets. The FOMC is set to begin its meeting late Tuesday.
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Tue, 16 Sep 2014 08:33:03 GMT

Aussie's insufficient slide may prompt RBA for action

The Australian Dollar might be headed for the 85 U.S. cent mark, thus not releasing Australia from its reliance on resource industries. The currency could drop to 85 U.S. cents in the next six months. The Aussie was on the market for 90.44 U.S. cents midday, with the total decline of 3.2% this month. The RBA's benchmark interest rate of

Fri, 12 Sep 2014 08:51:04 GMT

Aussie and Kiwi probe new lows as Greenback pushes on

The Australian Dollar slid its lowest level in six months time to $0.9060 on Friday, before levelling off at $0.9068, and losing 0.3% during the day. The loss came just as the U.S. Federal Reserve is getting ready for its policy meeting. If the Fed takes a hawkish stance, the Aussie is expected to edge back up to 90 cents. The Kiwi

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