Tokyo/New York — Asian shares and US stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in US economic growth in 2021 as the Covid-19 crisis eases.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.99%, while stocks in China rose 0.46%. Australia’s market bucked the trend and fell 0.3%...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.