Hong Kong, Oct 2, 2025 (AFP) - Asian markets surge on US rate hopes, tech fired by chip deal

NAMPA / AFP

2025-10-02

Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government. Tech firms led the way higher as a deal between South Korea's biggest chip firms and OpenAI added fuel to the AI-led rally that has helped push markets to record highs. While debate rages over the impact of the closure of some US departments owing to a st......

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