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When the chips go up: Big banks bet on S. Korea, Taiwan stocks for 2023

A currency trader near a screen showing the Korea Composite Stock Price Index in Seoul. South Korea’s benchmark KOSPI index

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World stocks climb to highest since August after Fed signals smaller hikes ahead

The Frankfurt Stock Exchange. European markets, meanwhile, largely brushed off German data showing ongoing weak demand in its powerhouse manufacturing

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Oil rises ahead of Opec+ meeting, easing China Covid curbs lend support

Crude gained further support, and the US dollar weakened, after the Federal Reserve Chair opened the door to a slowdown

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