HONG KONG (AFP): Asian markets mostly rose Friday (Aug 27) ahead of a much-anticipated speech by Federal Reserve chief Jerome Powell on plans for tapering monetary policy with some top bank officials calling for a move within months.
The positive start to the day came as traders brushed off a drop on Wall Street, though sentiment was jolted by geopolitical concerns after a suicide attack at Kabul airport that left dozens dead, including 13 US servicemen.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!