Asian shares track Wall Street gains, bonds steady

May 28, 2025

Asian shares experienced an upswing, mirroring Wall Street’s significant rally driven by improved US consumer confidence and a global bond surge. Japan’s stock market led the gains, while Treasury yields stabilized after a sharp decline. Investors are closely watching Nvidia’s earnings and a key Japanese bond auction for market direction amid lingering economic uncertainties.

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India’s current account saw a surplus of $13.5 billion in Q4 FY25, a significant turnaround from previous deficits, driven by robust services exports and reduced

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