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Asian markets resilient as hopes for a blue wave fade

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Earlier, most markets were priced for a Biden/Democratic sweep scenario, but that seemed wishful thinking after the polls closed and the electoral college vote results started trickling in.

Singapore

MOST Asian markets displayed unexpected resilience, logging gains on Wednesday as they moved from trading a "blue wave" that failed to pan out to a possible "Trump trade" amid the nail-biting suspense of the too-close-to-call US election, easily the year's biggest event.

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