Asian Market Updates

Asian Shares Mixed As Snap Unveils Plans To Slow Hiring

Asian stocks ended mixed on Friday but logged their best week in months on receding concerns over the Federal Reserve's aggressive interest rate hikes.

The euro fell from a more than two-week high reached on Thursday after the European Central Bank surprised markets by lifting policy rates by 50 basis points - marking its first hike in 11 years and ending a policy of negative interest rates that had been in place since 2014.

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by RTTNews Staff Writer

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