Asian shares subdued as jobs data raises odds of Fed rate hike

SINGAPORE  – Asian shares inched higher, while the dollar started the week on the front foot after the U.S. jobs data underscored a tight labor market, firming up expectations that the Federal Reserve will again raise interest rates at its meeting next month. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.14 percent higher, … Continue reading Asian shares subdued as jobs data raises odds of Fed rate hike