**Stocks Surge in Asia on Hopes for US Rate Cuts – Tech Earnings in Focus**
Hong Kong, Japan, and South Korea saw their stock markets rise as Asian stocks followed a trend set by a tech rally in the US. The MSCI Asia Pacific Index experienced its most significant surge in a month, with chip-related stocks mirroring the strength shown by their American counterparts. Australian dollar also saw a rise in value against a weakening greenback due to hot inflation data, suggesting price pressures in the region and potentially keeping …