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Asian stocks rise as South Korea elects new leader amid Trump’s steel tariff

IndiaTimes Wednesday, 4 June 2025
Asian stock markets surged, led by South Korea's Kospi after Lee Jae-myung's presidential win, despite economic challenges and Trump's tariffs. US markets also rose, driven by tech stocks, while the OECD cut the US growth outlook. Investors are hopeful about potential trade deals, but uncertainty persists due to tariffs and paused forecasts.
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