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| November 15, 2018

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Asian shares hitch a ride on Wall Street's record -

A woman holding an umbrella looks at her cellphone outside a brokerage in TokyoStill, investors were cautious ahead of a speech by Federal Reserve Chair Janet Yellen later in the day at the annual gathering of central bankers in Jackson Hole, Wyoming, which will be studied for any fresh signals about the timing of U.S. Investors "want to hold their positions until Yellen's speech is over, and they may take profits after that," said Norihiro Fujito, a senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5 percent, on track for a weekly gain of 0.8 percent and within a few points of its July 30 high, which was its loftiest level since January 2008.



Business News Headlines – Yahoo! News

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