Asian Stocks Recover as US Inflation Concerns Subside

Reported about 11 hours ago

Asian stocks made a cautious recovery following last week's downturn, fueled by lower-than-expected US inflation that revived bets on Federal Reserve rate cuts. The MSCI Asia Pacific Index ended a six-day decline, with significant gains in South Korea and Taiwan. However, overall sentiment remains cautious as investors prepare for potential US tariffs and China's ongoing economic recovery challenges.

Source: YAHOO

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