Asian shares rise as tech gains offset diesel worries

Asian equities advanced led by technology stocks while oil prices climbed amid Middle East tensions. Investors now await upcoming US inflation data and central bank meetings.

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A worker fills his truck with diesel fuel at a corporate filling station in San Diego, California, U.S., May 18, 2026. REUTERS/Mike Blake

Asia-Pacific equities climbed during Monday morning trade, driven by a 3% surge in South Korea's Kospi index to 6,900. The rally occurred as regional investors leveraged a public holiday in the United States to buy technology shares.

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