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Asia Stocks to Rise as S&P 500 Closes Above 5,500: Markets Wrap

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Stocks in Asia are set to follow a record-breaking rally on Wall Street as traders weighed prospects for Federal Reserve rate cuts after Jerome Powell cited signals the US is back on a disinflationary path.

Corporate Lenders Are Locking Down Protection Against Tough Times From High RatesPowell Welcomes Recent Data But Fed Needs More Confidence to CutTaiwan Bank Giant Downplays China Risks, Sees No Tech ‘Bubble’Anglo Considers Options to Sell Coal Assets After Australia FireAsia Port Snarls Spread With Ship Delays Looking to Last Into AugustFrench Bonds Gain as Candidates Retire to Curb Far-Right PowerPG&E Cuts Power to 2,000 as Extreme Heat Bakes CaliforniaArgentina Sets Corn Cargoes to China...

5 Billion of LoansCorporate Lenders Are Locking Down Protection Against Tough Times From High RatesPowell Welcomes Recent Data But Fed Needs More Confidence to CutTaiwan Bank Giant Downplays China Risks, Sees No Tech ‘Bubble’China Can End Russia’s War in Ukraine With One Phone Call, Finland SaysApple Poised to Get OpenAI Board Observer Role as Part of AI PactHurricane Beryl Nears Category 5 Strength on Caribbean TrackSupreme Court Once Wary of Trump Gives Him Election-Year BoostsAsia Port...

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