Taiwan leads Asian stocks higher in 2024 — but Trump tariffs, China economy cloud region's outlook

Asia-Pacific stocks had a strong performance in 2024, with major markets like Taiwan’s Taiex and Hong Kong’s Hang Seng Index posting significant gains. Central banks in the region eased monetary policy, while a boom in AI technology boosted tech stocks. Inflation was successfully reduced in Asia, giving room for further monetary easing in 2025, according to Mike Shiao of Invesco, which is expected to support equities.

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