Tech1 min read

AI chip demand boosts Asian markets despite Wall Street retreat on inflation data

Asian shares are mostly higher Wednesday, following a retreat on Wall Street as the U.S. inflation rose higher than expected in October. Benchmarks in Japan, South Korea, Taiwan extended weekly gains. Markets in Hong Kong and Shanghai were traded lower. Singl…

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The News Flicker

AI chip demand boosts Asian markets despite Wall Street retreat on inflation data

Asian shares are mostly higher Wednesday, following a retreat on Wall Street as the U.S. inflation rose higher than expected in October. Benchmarks in Japan, South Korea, Taiwan extended weekly gains. Markets in Hong Kong and Shanghai were traded lower. Singl…

HONG KONG (AP) Asian shares were mostly higher Wednesday, following a retreat on Wall Street as U.S. inflation rose higher than expected in October, while U.S. futures edged higher and oil prices ros…

Originally published by Associated Press. Read the full article →

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