💨 Abstract

Asian stocks edged up on Tuesday, with moves subdued due to a holiday-shortened week. The greenback held near a two-year high due to elevated U.S. Treasury yields, indicating fewer Fed rate cuts in 2025. Japanese companies news included Nippon Steel's bid for U.S. Steel being held up by CFIUS, and Honda and Nissan's talks to merge.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖