Benchmarks in Hong Kong and Sydney declined while Tokyo, Shanghai and Seoul were higher. Oil prices also advanced.
The Shanghai Composite Index rose 0.4% to 3,111.17 and the Nikkei 225 in Tokyo advanced less than 0.1% to 26,689.00. The Hang Seng in Hong Kong shed 0.6% to 20,053.50. The minutes from the Fed meeting this month show most board members agreed that half-point increases to the Fed's benchmark short-term rate “would likely be appropriate.” That would be double the usual margin of increases.
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