Asia shares rise after Fed comments, markets' eyes on Middle East

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Asia shares rise after Fed comments, markets' eyes on Middle East
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HONG KONG, Oct 10 ― Asian shares rose today in line with Wall Street's high note and bonds also rallied, boosted by dovish Federal Reserve remarks, while oil prices edged...

1MDB’s RM2.28b went through many banks overseas before coming back to Malaysia and into Najib’s accounts, Bank Negara analyst saysHONG KONG, Oct 10 ― Asian shares rose today in line with Wall Street's high note and bonds also rallied, boosted by dovish Federal Reserve remarks, while oil prices edged down after yesterday's surge with the market remaining focused on the conflict in the Middle East.Japan's benchmark Nikkei average rose 2.

The Israeli military has since said it called up an unprecedented 300,000 reservists and was imposing a total blockade on the Gaza Strip, raising expectations of a possible ground assault. The Hang Seng Index and China's benchmark CSI300 Index opened up 1.2 per cent and 0.5 per cent, respectively. The markets' initial reaction to the major geopolitical developments in the Middle East was a bout of risk aversion, analysts from National Bank of Australia said in a note.

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