Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whirlwind of intervention by policymakers and industry players.The S&P/ASX 200 in Australia jumped 1.3%, boosted by its AXFJ index, a measure of banking stocks, which surged 1.7%.In Hong Kong, the Hang Seng Index (HSI) opened up 0.8%.
#authorities #wall-street #philippines #interest-rates #intervention #central-bank #asia-pacific #financial-markets
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