Weibo’s Q4 Beats, FTSE Trades BABA US For Hong Kong Share Class

News Snapshot:

BEIJING, CHINA – AUGUST 04: A Sina logo and a Sina Weibo logo are seen outside the Sina headquarters … [+] at the Zhongguancun Software Park on August 4, 2019 in Beijing, China. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Key News Asian equities took Fed Chair Powell’s word that US interest rates would not rise until 2023. This lifted Asian equities though India was an outlier to the downside. However, Asian holders of US treasuries appeared to be skeptical as US Treasuries futures were sold, lifting the US Treasury yield over 1.7% in overnight trading. It...