Asian Markets Rebound as Tech Gains and Oil Prices Ease
Asian stocks rose Friday as tech earnings and lower oil prices lifted sentiment. Japan supported the yen while central banks signaled potential policy rate hikes.
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Japan and Australia equities rose 0.4% and 0.7% Friday morning after tech earnings and currency intervention stabilized regional markets. The gains follow a record April where Taiwan rose 23% and South Korea climbed 31%. Investors are weighing resilient corporate profits against hawkish central bank signals and energy supply risks in the Middle East.
