MSCI Asia ex-Japan up 1.2% on AI IPO, Meta $95bn plan

Asian markets pointed higher after Anthropic’s US IPO filing and Meta’s plan to raise up to $95 billion, with South Korea’s KOSPI gaining over 4%.

Asian shares rose on Tuesday after Anthropic filed for a US IPO and Meta outlined plans to raise up to $95 billion.

South Korea’s KOSPI gained more than 4% early, Japan’s Nikkei rose 1.9%, and MSCI Asia-Pacific ex-Japan was up 1.2%.

US chip stocks jumped 2.8% overnight; Nasdaq futures were up 0.4%, while European futures slipped 0.23%.

Investors await Fed, ECB and Bank of Japan decisions, with economists expecting all three to hold rates for now.

Brent crude eased 0.7% to $114.95 a barrel; gold was last at $4,013.70 an ounce.

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