Asian Markets Mixed as US Stocks Pause Record Run, Bitcoin Nears $70K
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Asia-Pacific markets were mixed as U.S. stocks took a break from their rally after the Federal Reserve signaled further interest rate cuts this year.
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South Korea's Kospi index hit a over 2-year high, boosted by gains in Samsung and SK Hynix.
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China is pushing banks to speed up loan approvals for property developers to revive homebuyer sentiment.
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HSBC named 2 stocks to benefit from fading inflation that could see 85% upside.
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Bitcoin climbed toward $70,000, lifting crypto-exposed stocks like MicroStrategy, Coinbase, and crypto miners.