NVDA Aug 2024 240.000 put

EMERGING MARKETS-Most Asian FX, stocks gain, interest rate outlook eyed

* South Korean won, Taiwan dollar lead gains * Taiwan stocks hit record high * China industrial profits rise By Archishma Iyer May 27 (Reuters) - Most Asian currencies and stocks started the week on a positive note, with the South Korean won and the Taiwan dollar leading gains, while investors awaited further cues on global interest rate outlooks. Friday's U.S. personal consumption expenditures reading will be crucial for investors, which will give them an idea of whether the Federal Reserve will be in a position to lower borrowing costs.