Asia stocks rise on tech gains; China LPR, Japan inflation in focus

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Asia stocks rise on tech gains; China LPR, Japan inflation in focus

Investing.com-- Most Asian stocks rose on Tuesday with local technology stocks tracking overnight strength in their U.S. peers, with focus this week squarely on an interest rate decision in China and Japanese inflation data.

Regional markets took some positive cues from Wall Street, as a rally in major tech stocks, led by Tesla fell 2% after the tech giant’s fledgling electric vehicle unit clocked a loss for the third quarter even as overall earnings picked up.was the best performer among its Asian peers, rallying 1.1% as local mining and energy stocks tracked strength in commodity prices.index pointed to a positive open, with Indian stocks set to see some relief after clocking steep losses in recent sessions.

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