
business
Majority of Asian Stocks Surge Amid Soft US Data, Easing Rate Hike Concerns
Asian markets largely rose following Wall Street's record close, driven by softer US inflation data and lower oil prices.
Topic
Latest news and analysis on “US inflation”.

Asian markets largely rose following Wall Street's record close, driven by softer US inflation data and lower oil prices.

Seoul's tech sector spearheaded gains across Asian stocks as traders reacted positively to slowing US inflation, easing fears of imminent Federal Reserve rate hikes.

Seoul's Kospi index led a broad rally in Asian stocks, driven by a tech sector bounce and easing US inflation concerns.