The Traderszone Network

Published in TZ Latest News 24 February, 2015 by The TZ Newswire Staff

Asian shares rise after Yellen stresses policy flexibility

Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. “Domestic economic activity is likely to remain sluggish and external demand looks uncertain,” said Qu Hongbin, HSBC’s chief economist in China.