11:38 AM MYT
HONG KONG (AFP): Equities mostly rose as investors struggled for traction in Asia on Wednesday (Jan 13) following a tepid lead from Wall Street, with hopes for another vast US virus relief package offset by political upheaval in Washington and surging virus cases.
Risk sentiment was given a vital boost Tuesday when several top Federal Reserve officials played down the chances the central bank will begin winding down its bond-buying easy-money policy anytime soon, despite expectations of higher inflation caused by a new stimulus.
Democrats are pushing ahead with impeachment proceedings against Donald Trump, who is accused of inciting last week s storming of the Capitol Building, though there are concerns of further unrest leading up to Joe Biden s Jan 20 inauguration. Trump warned of tremendous anger across the country.
Asia markets mostly up on stimulus hope, but traders still on edge
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Asia: Markets mostly up on stimulus hope but traders still on edge
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