SINGAPORE | Asian markets rally ahead of US Fed rate hike
SINGAPORE — Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year.
KEEPING SCORE: Japan’s Nikkei 225 rose less than 0.1 percent to 23,953.98. Hong Kong’s Hang Seng index, which reopened after a holiday, jumped 1.5 percent to 27,914.26. The Shanghai Composite Index rallied 1.4 percent to 2,818.88. Australia’s S&P ASX 200 added 0.1 percent to 6,192.30. Shares fell in Taiwan but rose in Singapore and Indonesia.