Asian markets hurt by fresh tensions, eyes on Powell speech

Hong Kong (AFP) Aug 27, 2020

Most markets fell Thursday ahead of a key policy speech by Federal Reserve chief Jerome Powell, while geopolitical concerns returned after Beijing fired missiles into the South China Sea and the US sanctioned several Chinese firms linked to the disputed region. Even a fourth successive record on Wall Street was not enough to stoke a rally, with a fresh flare-up in virus cases in the region k