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Rebound

EQUITIES

Most major markets in Asia in positive territory, led higher by a rebound in the Taiex. The Taiwanese index is up around 4.5% after closing 3% lower yesterday, and after shedding 9% last week. The Taiwan Financial Stabilisation Fund said late yesterday that it would closely monitor stock markets and would enact measures if needed. Markets in Japan, South Korea, Hong Kong and Australia also seeing decent gains, while upside in mainland China is more muted. US futures are higher, the Nasdaq leading the way higher after tech shares sold off yesterday.

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