Taiwan, Malaysia lead Asian stock recovery; FX muted around U.S. shutdown


Emerging Asian equities kicked off the month on a firm note on Wednesday, clawing back some losses from the prior session, with Malaysian shares hitting a nine-month high and Taipei stocks surging just shy of a peak as Wall Street notched modest gains.

Currencies, however, were more restrained. Regional units remained muted against the U.S. dollar as investors kept to the sidelines after the shutdown of the U.S. government.

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