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Wall Street’s rally extended into Asia as another decline in oil prices eased inflation concerns. The yen weakened after the Bank of Japan raised interest rates in a split decision. MSCI’s gauge of Asian equities climbed 0.8% after the S&P 500 and Nasdaq 100 posted their strongest gains since early August. Samsung Elec
Wall Street’s rally extended into Asia as another decline in oil prices eased inflation concerns. The yen weakened after the Bank of Japan raised interest rates in a split decision.
The AI-led rally on Wall Street extended into Asia, with semiconductor stocks driving another leg higher in global equities, while the Yen weakened to its lowest level against the Dollar since 1986. MSCI's Asia Pacific Index rose 1.4% on the final trading day of the quarter, building on its strongest quarterly performa