Asian markets rally after Fed meeting, led by Hong Kong surge

Hong Kong (AFP) July 29, 2021

Asian markets rose Thursday as the Federal Reserve acknowledged the US recovery was well on track but it would not taper monetary policy just yet, while Hong Kong was lifted after China sought to reassure investors over its latest regulatory crackdown. Traders were also cheered by progress in Washington on President Joe Biden's trillion-dollar infrastructure bill, which he has said could "tr