Asian Stocks Rise as Central Banks Hold Steady; Oil Prices Up on Supply Concerns
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Asia markets rose Wednesday, with Japan stocks extending gains after the Bank of Japan left its ultra-loose policy unchanged.
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The People's Bank of China held its benchmark lending rates unchanged for December.
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Optimism spilled over from a Wall Street rally, with the S&P 500 nearing a record high and Dow recording its 9th straight day of gains.
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Australia's S&P/ASX 200 hit 10-month highs as its central bank signaled no more interest rate hikes for now.
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Oil prices rose over 1% on worries about shipping disruptions in the Red Sea from attacks by Yemen militants.