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Asian shares tumble, oil rises as markets await AI sector results

Global Published 20 October 2026, 07:34 · archived 20 Oct 2026

TOKYO: Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled ​sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled demand for ‌safe-haven assets. Crude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy. The spotlight now turns to corporate earnings, with investors seeking fresh evidence that consumers and the broader economy remain resilient. Results are due from Meta on Wednesday and lat...

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