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ASIA STOCKS: Asian Equities Track Wall Streets Gains

ASIA STOCKS
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Asian markets are trading higher today, following Wall Street gains after softer-than-expected U.S. core inflation data bolstered hopes for Fed rate cuts this year. Japan’s Nikkei is 0.7% higher, led by growth stocks like chipmakers, while financial stocks rallied on positive earnings from U.S. banks. Australia’s ASX 200 advanced 1.4%, driven by real estate and tech shares, with further support from Wall Street's financial sector rally. South Korea’s KOSPI is trading 1.65% following the central bank keeping rates steady, surprising markets. 

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Asian markets are trading higher today, following Wall Street gains after softer-than-expected U.S. core inflation data bolstered hopes for Fed rate cuts this year. Japan’s Nikkei is 0.7% higher, led by growth stocks like chipmakers, while financial stocks rallied on positive earnings from U.S. banks. Australia’s ASX 200 advanced 1.4%, driven by real estate and tech shares, with further support from Wall Street's financial sector rally. South Korea’s KOSPI is trading 1.65% following the central bank keeping rates steady, surprising markets.