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Rio Tinto plans to spend $30bn over next 3 years

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Asian equities rose on Wednesday morning after US Huge Tech shares outperformed their friends on a combined day in buying and selling.

Hong Kong’s Cling Seng index gained 0.2 per cent, China’s CSI 300 added 0.1 per cent, Japan’s Topix rose 1.3 per cent and South Korea’s Kospi superior 0.5 per cent.

Australia’s S&P/ASX 200 added 1.4 per cent, after weaker than anticipated gross home product figures eased merchants’ fears over the potential for extra rate of interest will increase to fight inflation.

Within the US on Monday, the S&P 500 closed 0.1 per cent decrease, whereas the Nasdaq Composite added 0.3 per cent, led by large-cap expertise shares.

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