Smart to launch online portal to make SIM Registration easy, convenient, and rewarding for subscribersMSCI’s broadest index of Asia-Pacific shares slumped 0.91 percent, after climbing as high as 160.37 in the previous session for the first time since late August.
The comments followed the Fed’s decision to raise the benchmark rate by an as-expected half a percentage point – down from recent 75 basis point increases – but projected a terminal rate above 5 percent, a level not seen since a steep economic downturn in 2007. The 10-year Treasury yield slipped back below 3.5 percent in Tokyo trading, with the two-year yield also edging lower to under 4.24 percent.
The euro eased 0.15 percent to $1.0664, but still near Wednesday’s more-than-six-month peak at $1.0695. Crude oil traders took a more optimistic view on the global economy though, cheered by projections from OPEC and the International Energy Agency.