Asian markets extend rally on hopes US will avoid recession

Hong Kong (AFP) Jan 27, 2023

Asian markets rose again Friday as fears about a possible recession in the US economy were soothed by data showing it grew more than expected in 2022, adding to the broadly upbeat tone across trading floors this year. Investors tracked a rally on Wall Street fuelled by the figures, while they are now awaiting the release of closely watched inflation data later in the day and then the Federal