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Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate

May 4, 2022
Source: netzender.com netzender.com
News Snapshot:
News Hong Kong stocks rise as Alibaba slips; Australia hikes interest rate Several markets are closed in the region for holidays, including China, Japan, Singapore and India. Hong Kong will return to trade from a holiday on Monday. Twitter SINGAPORE — Stocks across Asia-Pacific mostly declined on Tuesday, as Australia hiked its interest rate for the first time in more than a decade. Australia's S&P/ASX 200 declined 0.42% to close at 7,316.20 and the Australian dollar last declined to $0.7090, after jumping to levels around $0.7121 following the hike. The hike was larger than the analyst estimate for 15 basis...
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