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Asian Markets Rise as US Rate Cut Bets Temper Japan Bond Unease
- Asian markets rose on Tuesday as weak US economic data boosted expectations for a Federal Reserve interest rate cut, alleviating concerns over rising Japanese bond yields.
- The potential lowering of borrowing costs by the Federal Reserve has aided market recovery following early November's losses tied to tech bubble fears.
- Samsung Electronics saw a surge of more than two percent after launching its first triple-folding phone, despite its high price of more than $2,400.
- Softening labor market data and stabilized inflation contributed to market optimism as fears over a tech bubble subsided.
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44 Articles
44 Articles
Coverage Details
Total News Sources44
Leaning Left6Leaning Right8Center10Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 25%
C 42%
R 33%
Factuality
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