December 16, 2021 6:41 PM
Asian markets end higher after Fed flag off monetary stimulus
Asian markets ended higher today after the Federal Reserve flagged a long-awaited end to its monetary stimulus next year but delivered an otherwise upbeat economic outlook, which lifted investor spirits. So Japan's Nikkei-225 index jumped 2.1 percent; China's Shanghai Composite index rose 0.8 percent and South Korea's Kospi index gained 0.6 percent; Hong Kong's Hang Seng index moved up 0.2 percent and Singapore's Straits Times index added 0.7 percent....