Asian markets mostly rose ahead of US jobs reportAFP, HONG KONGMost markets rose in Asia on Friday following another record close on Wall Street ahead of US jobs data, while Tokyo led gains on hopes for fresh stimulus after Japanese Prime Minister Yoshihide Suga said he would step down. The TAIEX on Friday added 1.14 percent to 17,516.92 points, taking its weekly gain to 1.8 percent. The TOPIX added 1.6 percent on Friday, carrying its weekly gain to 4.5 percent. South Korea’s KOSPI on Friday rose 0.8 percent, bringing its weekly gain to 2.1 percent. Alibaba, which has been a key target of Beijing’s drive against high-flying tech firms, said it would put the money to “common prosperity” schemes.

Source: Taipei Times September 04, 2021 15:56 UTC