Rally After the Rout: Asian Stock Markets Rebound from Recent Slumps

Amid fears of a U.S. recession rattling global markets, Asia’s stock exchanges mounted a dramatic recovery. Tokyo led the rebound with a stunning 10.23% surge in the Nikkei index, closing at 34,675.46 points. This marked its most significant daily gain since October 2008, following a sharp 12.4% fall the previous day. Bargain hunters were spurred […]