Asia markets surge, defied selloff on Wall Street on China’s policy shift to spur growth


Dec. 10, 2024 1:41 AM ETEWJ, JEQ, FXI, PGJ, EWH, DXJ, CAF, FXY, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, BTC-USD, KURE, AS51, NKY:IND, SHCOMP, HSI, SENSEX, AUD:USD, NZD:USD, USD:KRW, JPY:USD, CNY:USD, INR:USD, HKD:USDBy: Meghavi Singh, SA News Editor
Asia markets surge, defied selloff on Wall Street on China’s policy shift to spur growth

Nikada

Asia-Pacific markets trade mostly rise, defied the selloff on Wall Street overnight as China’s pledge of more proactive fiscal measures and looser monetary policy next year, which could revive economic growth and boost energy demand. Meanwhile, investors continued to monitor ongoing political instability in South Korea.



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