Asia stocks rally as Korean chips surge and oil retreat lifts sentiment

🌐 Hellenic Shipping News (Greece) —

AI Summary

Asian equities rallied, led by South Korean and Japanese chipmakers, as investors joined a broad technology-stock rebound. Oil prices also retreated after Donald Trump said fresh US strikes on Iran appeared unlikely if negotiations made progress.

Asian stocks extended a sharp global technology rebound on Tuesday, with South Korea and Japan leading regional gains as investors returned to beaten-down chipmakers following Wall Street’s biggest rally in about seven months. A further retreat in oil prices, after U.S. President Donald Trump signalled that fresh strikes on Iran were unlikely if negotiations progressed, ...

World Conflict Politics Markets AI & Tech Commodities Energy Asian stocks South Korea Japan chipmakers oil prices US-Iran tensions technology rally

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