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Asia stocks ride tech wave higher, oil stays subdued
SYDNEY: Asian shares were aiming for a sixth session of gains on Wednesday as signs of consumer demand for AI apps continued to buoy tech stocks, while oil prices faltered on reports of increased supply out of the Middle East. Sources told Reuters Saudi Arabia had restarted operations at its East-West Pipeline and may have already resumed exports from the Red Sea port of Yanbu. US President Donald Trump also claimed talks with Iran in New York had made progress, but then threatened to “annihilate” the country if a deal was not done. Iranian President Masoud Pezeshkian addresses the UN Genera...
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