HONG KONG: Asian markets were mixed on Tuesday after a top official at the US Federal Reserve said that the bank might announce a small cut in its stimulus program next week.

With a string of upbeat US data pointing to a pick-up in the economy and boosting confidence, the Japanese yen—considered a haven during uncertainty—came under pressure against the dollar and euro as investors seek out higher-yielding, “riskier” assets.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details