Asian stocks surge on slowing rate hike bets, China reopening hopes By Investing.com

Asian stocks surge on slowing rate hike bets, China reopening hopes By Investing.com

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By Ambar Warrick Investing.com-- Most Asian stock markets rose sharply on Thursday after Federal Reserve Chair Jerome Powell said the central bank is set to slow its pace of interest rate hikes, while the relaxing of some anti-COVID measures in China also drove up hopes for a full reopening.…

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