Asian Stocks Hit Record Highs Despite Oil Price Risks

Major indexes in Japan and Taiwan reached new peaks today following a strong Wall Street session. Investors focused on corporate earnings despite rising oil costs.

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Asian stock markets surged to unprecedented levels on Thursday, following a record-breaking session in the United States where strong corporate earnings outweighed concerns regarding escalating tensions in the Middle East. Major indexes across Japan, South Korea, and Taiwan reached all-time highs as investors prioritized robust financial results over a significant spike in energy costs.

A pedestrian in Tokyo passes a financial display showing the Nikkei index and its recent performance on April 8, 2026. REUTERS/Issei Kato

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