Asia-Pacific stocks rise after soft U.S. inflation report pushes two Wall Street benchmarks up

Asia-Pacific markets rose on Thursday following a soft U.S. inflation report, with Australia’s S&P/ASX 200 up 0.32%, Japan’s Nikkei 225 rising 1.22%, and South Korea’s Kospi gaining 0.70%. The Nasdaq Composite in the U.S. increased 1.22% after concerns about a recession eased, with technology stocks leading gains including Nvidia and AMD. CNBC will host “CONVERGE LIVE” in Singapore on March 12-13, featuring speakers such as Singapore’s Deputy Prime Minister Kim Yong Gan and Alibaba Group Chairman Joe Tsai.

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