Asian Markets Rise Amid Mixed Economic Signals and Tech Gains
TL;DR Summary
Most Asian stocks rose following Wall Street's gains, with Australian markets reaching record highs, while Japan lagged due to persistent inflation concerns and trade tensions. TSMC reported strong Q2 earnings but expressed caution over U.S. trade tariffs impacting chip demand, leading to mixed reactions in the broader Asian chip sector.
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- Asian shares follow Wall Street higher, yen weak ahead of Japan vote Reuters
- Asian shares mostly advance after Wall Street cruises to more records The Hill
- Asian Tech Stocks Shine as Markets Weigh Latest Tariff Twists The Wall Street Journal
- Bloomberg Daybreak Asia: Stocks Edge Higher; Japan's Inflation Remains Elevated Bloomberg
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