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Asian stocks track latest Wall St rally as rate bets rise
Asian stocks track latest Wall St rally as rate bets rise
Economy
by  AFP

Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month. The global gains come after markets took a hit this month on concerns that a tech-led surge in recent years may have been overdone and the vast sums invested in the AI sector will take some time to see returns.

Japan beer giant Asahi delays earnings due to cyberattack
Japan beer giant Asahi delays earnings due to cyberattack
Economy
by  AFP

Japanese beer giant Asahi said Thursday it has delayed the release of full-year financial results due to a major ongoing cyberattack that began in late September. "While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal year ending December 31, 2025," Asahi said in a statement.