Global Markets Rally: Stocks Surge, Asian Markets Trade Higher
TL;DR Summary
Stocks in Asia rose, driven by Taiwan Semiconductor Manufacturing Co.'s positive outlook, boosting hopes for a global recovery in the semiconductor sector. The regional shares gauge saw its best day in over three weeks, with strong gains in semiconductor stocks. Benchmark indexes in Japan, South Korea, and Australia also rose, while TSMC's American depository receipts surged, lifting the company's stock in Taiwan by over 5%.
Topics:business#asia#finance#global-recovery#semiconductor#stock-market#taiwan-semiconductor-manufacturing-co
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