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Asian markets steady with easing tensions
Asian stocks moved modestly amid a decline in tensions in the Middle East, but concerns over high valuations in technology stocks continue to weigh on the markets. The Korean "KOSPI" index rose by 2.2% after sharp losses, while Japanese indices declined slightly, with continued caution due to the potential for ongoing interest rate hikes in Japan. Meanwhile, the Chinese markets and other Asian markets experienced relative stability amid stock fluctuations and expectations of tightening monetary policies.
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