Reported about 7 hours ago
Asian equities have shown gains amid improved sentiment following US-Russia discussions hinting at a potential resolution to the Ukraine conflict, overshadowing concerns about higher-than-expected US inflation. Notably, stocks in Japan and Hong Kong rose, bolstered by factors including advancements in China's tech sector and state support for struggling developers. Despite recent bond selloffs triggered by inflation data, traders remain optimistic, focusing on geopolitical developments and economic improvements in the region.
Source: YAHOO