Asian Equities Rebound as Bank of Japan Eases Rate Hike Concerns

Asian stocks rose for a second day, recovering from a global sell-off, as the Bank of Japan signaled it would not increase interest rates if financial markets become unstable. The Japanese market saw significant gains, particularly in the technology sector, as the yen weakened against the dollar. Despite the rebound, some analysts remain cautious, citing concerns about a potential US recession and ongoing market volatility. Other notable market movements include gains in Indian real estate, South Korean biotech, and various Chinese sectors such as electricity grid technology, computing, and satellite navigation.