Sunday, June 24, 2007

Fed eyed after record-setting week

(Reuters) - An interest rate decision by the U.S. central bank and any fresh clues it gives on the health of the world's largest economy will be in focus this week as investors take stock of gains that have pushed share markets from Hong Kong to Singapore to record highs.

The latest rally in Asian markets was underpinned by growing optimism about a turnaround in earnings for chip makers, a move that could help see further gains in the sector.


Read more at Reuters Africa

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