Global news you need to know before the U.S. stock market opens on Wednesday

Inflation exceeds expectations across the board! The U.S. February PPI year-on-year is 3.4%, and the core PPI is 3.9%.

Iran's largest gas field has been attacked, causing partial production stoppage, with Brent crude spot prices surging to $105.

South Korea takes action to regulate "dual listings," with stock indices soaring 5% for a three-day winning streak.

Tencent's Q4 revenue grew 13% year-on-year, with adjusted net profit increasing by 17%, and the cloud business achieved scaled profitability for the year.

Tencent conference call: Core business shows strong resilience in the AI era, "shrimp farming" can integrate with WeChat's decentralized concept, and AI investment will at least double this year.

Samsung Electronics may face a large-scale strike, which could impact the global semiconductor supply chain.

Samsung plans to extend memory chip contracts to 3-5 years to address global supply shortages.

Microsoft plans to sue Amazon and OpenAI: $50 billion cloud collaboration is suspected of breach of contract.

Chemical giant BASF: Price increases for multiple categories in Europe may reach 30% or more.

Nikkei 225 index closed up 2.9%, Shanghai Composite Index closed up 0.32%; Hang Seng Index closed up 0.61%