Asian markets end mostly higher on reassurances from US Federal Reserve that spike in inflation was temporary

Asian markets ended mostly higher, today, on reassurances from the US Federal Reserve that a spike in inflation was temporary. So Japan's Nikkei-225 index climbed 2.3 per cent; China's Shanghai Composite index advanced 1.8 per cent; Hong Kong's Hang Seng index added 1.1 per cent and South Korea's Kospi index rose 1 per cent. But Singapore's Straits Times index declined 2.2 per cent, after the city-state's imposition of the strictest COVID-19 ...