Asian Stocks Recover Alongside Wall Street Price Hike

Shares surged in Asia on Thursday following the recovery of Wall Street stocks, which regained much of their sharp losses from the previous day. While oil prices experienced a decline, benchmarks in most major markets posted gains, except Seoul, as mainland Chinese markets remained closed for the Lunar New Year holiday. Regional Market Performance In Japan, the Nikkei 225 index gained 0.7%, reaching 37,948.35, while Hong Kongs Hang Seng index edged 0.1% higher to 15,893.16. Australias SP/ASX 200 advanced 0.6% to 7,595.30, while South Koreas Kospi experienced a slight decline,...


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