Asia

Markets

Cautious Fed sends stocks to record highs, dollar dips

Global stocks scaled record highs on Friday, capping their best week in over two months as the dollar stayed close to nine-month lows, with bets on a gradual U.S. Federal Reserve rate hike path and hopes for a strong earnings season boosting risk appetite.

Markets

Shares, bonds rally as markets count on cautious Fed

World shares hit their fourth all-time high in less than a month on Thursday as investors wagered policy tightening in the United States would be glacial at best, lifting Wall Street to record peaks and lowering bond yields almost everywhere.