Stocks get AI lift, dollar holds steady ahead of Fed decision

PSX Update • Oct 28, 2026

SINGAPORE: Asia stocks rallied on Wednesday after ​a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the ‌dollar was perky ahead of a Federal Reserve policy decision . South Korean chipmaker SK Hynix reportin...

SINGAPORE: Asia stocks rallied on Wednesday after ​a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the ‌dollar was perky ahead of a Federal Reserve policy decision . South Korean chipmaker SK Hynix reporting a more than seven-fold rise in quarterly operating profit added to the buoyant mood. The AI rally faces its next test when technology giants Alphabet and Micr...