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Asian markets climbed, mirroring Wall Street's record highs, driven by AI stock enthusiasm and anticipated US interest rate cuts. Investors are optimistic about potential breakthroughs in US-China trade talks ahead of a meeting between Presidents Trump and Xi. Upcoming tech earnings from Microsoft and Meta are also keenly awaited, poised to further fuel the current market rally....
South Korea's property market rally gained further momentum, reinforcing a decision by the central bank to refrain from lowering interest rates as it waits for government housing measures to cool demand....
Asian stocks mostly rose on Friday, driven by hopes of US interest rate cuts and significant investments in artificial intelligence. Japanese tech firms surged after Hitachi partnered with OpenAI, following similar deals by Samsung and SK hynix. This global rally, pushing markets to record highs, is also supported by a slowing US labor market....