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Asian stocks pare tariff-led losses, Tokyo hit by political turmoil
- Most Asian stocks rose, following a rally on Wall Street, after Donald Trump tempered his rhetoric against China.
- Tokyo faced losses due to political turmoil after the coalition government collapsed, raising questions about Sanae Takaichi's potential to become prime minister.
- The coalition collapsed as junior partner Komeito quit the alliance, leading to uncertainty regarding Takaichi's leadership as the first woman prime minister.
- Tech firms remain in high demand, especially after Broadcom partnered with OpenAI to deliver 10 gigawatts of computing power.
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Asian stocks pare tariff-led losses, Tokyo hit by political turmoil
Most Asian stocks rose Tuesday, tracking a rally on Wall Street, after Donald Trump tempered his rhetoric against China, which he has threatened with 100 percent tariffs, while Tokyo struggled amid Japanese political turmoil.
·Missoula, United States
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Total News Sources45
Leaning Left2Leaning Right8Center7Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
12%
C 41%
R 47%
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