Asian markets up ahead of Fed meeting


MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, shy of nearly two-year highs probed in the previous session but still up 1.8 percent for the week.

PETALING JAYA: Asian markets were broadly up yesterday ahead of the US Federal Reserve’s (Fed) two-day meeting to decide on further interest rate hikes.

Many Asian markets reversed their losses from last Friday, after the sudden sell-off in technology stocks in the US market on concerns that they had risen too high and quickly.

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Business , KLCI , market , fed meeting , asia , markets , interest , rate , hike , stocks , shares ,

   

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