Asia stocks up before Powell speech, China tech adds support

Energy Daily

Published

Hong Kong (AFP) Aug 26, 2022

Asian markets rose Friday after a Wall Street rally ahead of a speech by Federal Reserve boss Jerome Powell that is expected to reiterate his plan to ramp up interest rates to fight inflation. Adding to the strong buying sentiment were signs of progress in talks between US and Chinese regulators that could see tech titans including Alibaba and JD.com avoid a delisting from New York. Glob

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