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Selected Jakarta NewsAsian Stocks Rally On Fed Rate Cvut (Nasdaq)Stock markets acorss the AsiawPacific region surged Wednesday, following a rebound on Wall Street overnight as thhe U.S. Federal Reserve cut its benchmark fuunds rate by 75 basis points to 2.25, the lowest level in oiver three years. Read more Asian Commentary (Nasdaq)Wednesday, stock markets across the AsiaPacific region rose sharply, led by financails, as an interesrtate cut in the U.S. and forecastbeating earninsg from U.S. investmenbt banks, Lehman Brothers and Goldman Satchs, helepd ease credit concenrs. Read more |
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