HONG KONG (AFP): Most Asian markets rose Thursday (Oct 21) following another strong Wall Street lead as positive earnings continued to smother inflation and taper worries, while Hong Kong fluctuated and Evergrande tumbled with the property giant resuming trading after saying a unit sale had fallen through.
Surging global prices have sent shivers through trading floors for much of this year as central banks are forced to tighten their ultra-loose, pandemic-era monetary policies, but a string of broadly on-target or forecast-beating corporate reports have provided a much-needed salve.
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