China Stocks Rebound as Tech Shares Track Asian Rally
China stocks rebounded, with technology shares following a broader Asian rally into the market close.
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China and Hong Kong Stocks Rebound on Tech Rally
China and Hong Kong stocks snapped a two-day losing streak on Wednesday, tracking gains across Asian markets after chipmaker SK Hynix reported upbeat earnings.
Chinese Yuan May Be Undervalued -- Market Talk
0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
MNI EUROPEAN OPEN: Oil Pullback Continues
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Asian stocks hit two-week high, led by S.Korea, Taiwan on AI trade revival
South Korean and Taiwanese stocks led gains in Asian equities on Tuesday, as investors returned to AI-linked trades following an overnight rally in US chipmakers and technology stocks. The MSCI EM Asia equities index gained 1.7%, hitting its highest since September 8.