HONG KONG, Sept 17 — Most Asian markets rose Friday as beleaguered investors trudged into the weekend after a painful few days, with confidence dealt a heavy blow by the Delta variant, Chinese regulatory crackdowns, disappointing economic data and brewing geopolitical tensions.
The main focus for investors is now the bank’s latest policy meeting next week, where it could say how much and how long it will dial back on the vast bond-buying programme. That all comes against the backdrop of the highly transmissible Delta Covid mutation, which has sent infections around the world surging and forced several countries to reimpose lockdowns and other containment measures.
Some of the gambling industry’s biggest names — including Sands and Wynn — were skittled by Macau government proposals to tighten its grip on the sector, wiping billions of dollars off their values on concerns that a golden era of money-making could be over.
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