News Snapshot:
BANGKOK (BLOOMBERG)- Asian stocks and US equity futures climbed on Thursday (June 16) after Federal Reserve Chair Jerome Powell said super-sized interest-rate hikes will be rare following the central bank's biggest increase in borrowing costs since 1994. Japan's Nikkei index increased 1.4 per cent while Australia's S&P/ASX 200 Index added 0.6 per cent and South Korea's Kospi index rose 1.3 per cent Hong Kong's Hang Seng Index slipped 0.2 per cent and the Shanghai Composite Index rose 0.2 per cent. Singapore's Straits Times Index was up 1.1 per cent at 10.57am local time. US Treasury yields tumbled in the Wall...
