The benchmark 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts.
Global Market: Apple supplier Lingyi’s shares up 6% in Hong Kong debut
Shares of Lingyi iTech opened 6% higher in the Chinese precision parts maker’s Hong Kong debut on Friday, after the Apple supplier raised about HK$8.3