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Hang Seng Index retreats in face of rate hike

Shares edged up in Asia on Thursday as investors bet the US Federal Reserve is finally getting the jump on inflation, delivering its first rate hike in more than three years and calming a global bond…

  • Hang Seng Index declines 0.94% to 24,480
  • US Fed hikes interest rates for first time in 3 years
  • Commodities suffer as oil prices fall

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