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Fed rate cut sparks short-lived market rally, says Pegatron's Tung

Chloe Liao, Taipei; Levi Li, DIGITIMES Asia 0

Pegatron chairman T.H. Tung. Credit: DIGITIMES

Pegatron chairman T.H. Tung said the Federal Reserve's 25-basis-point cut matched market expectations and would inject more liquidity into financial markets, supporting equities, real estate, and other assets...

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