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Asian Stocks Shrug Off Tariff Jitters

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Hong Kong’s Hang Seng Index rose 2.5%.

South Korea’s Kospi composite closed at a record high, as did its biggest component, Samsung Electronics.

Taiwan’s Taiex topped 34000 for the first time in intraday trading. It closed at an all-time high after paring some gains.

Singapore’s FTSE Straits Times Index also hit a record high.

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Mainland Chinese and Japanese stock markets were shut for holidays.

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