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May 8, 2026
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Asian markets surge on US rate hopes, tech fired by chip deal
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Asian markets surge on US rate hopes, tech fired by chip deal

Cs news7 months ago7 months ago06 mins

Seoul-listed Samsung and SK hynix led a surge in tech firms after they signed a chip deal with US giant OpenAI (I-Hwa Cheng) 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…

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