Asian markets mixed after Fed taper talk, bitcoin stablizes

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HONG KONG – Asian markets were mixed in early trade Thursday after minutes showed some Federal Reserve officials contemplating a wind-down of its vast monetary easing measures, while optimism remained buoyed by the outlook for the economic recovery.

Bitcoin stabilised somewhat after Wednesday’s wild gyrations that saw it collapse almost a third in one day before recovering most of its losses.

Global equities have soared after hitting their pandemic nadir in March last year, thanks to central bank largesse and mind-boggling government spending measures, with recent gains also helped by the rollout of vaccines and easing of lockdown measures.

But …

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