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Tech rally boosts Asian stocks, dollar firms on rate-hike wagers
SINGAPORE: Technology stocks powered Asian markets higher on Tuesday as lower oil prices lifted sentiment and investors pinned their hopes on US-Iran talks, while the dollar stood tall on bets that more hikes are needed to rein in inflation. Attention is also turning to a high-stakes meeting between Donald Trump and Xi Jinping later this week, with investors watching for signs the leaders of the world’s two largest economies can prevent a further deterioration in relations. Xi arrives in Washington on Wednesday for the first time in more than a decade amid growing optimism that a trade truc...
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