People look at an electronic stock indicator of a securities firm in Tokyo, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. AP/Shizuo Kambayashi
TEMPO.CO, Washington - Asian stock markets are rising strongly ahead of the Fed's widely expected decision to raise rates for the first time in nearly a decade.
The rise is part of a global rebound that also saw U.S. benchmarks post their biggest gains in a week.
Low interest rates have been a boon for stock market investors for several years but Fed officials have telegraphed the likely decision far in advance. That has removed some of the uncertainty that investors dislike.
Japan's Nikkei 225 jumped 2.1 percent and South Korea's Kospi climbed 1.9 percent.
Hong Kong's Hang Seng advanced 2.3 percent and the Shanghai Composite Index in mainland China rose 0.7 percent.