Asian stocks rise on tech gains as bonds and oil stay in focus

economictimes.indiatimes.com —

Asian stocks rose 0.6% for the first gain in three sessions, led by technology shares, following advances in US semiconductor stocks and President Donald Trump's rejection of artificial intelligence regulations. Japan and South Korea led regional gains, while bonds remained in focus ahead of a key US inflation reading. Brent crude climbed 0.6% to $103.25 a barrel after Saudi Arabia restored half its East-West pipeline capacity following drone attacks. Treasury yields on longest-dated bonds hit their highest since 2002, with the 30-year yield above 5.61%. Oil prices and US-Iran tensions persist as key uncertainties, while markets price further Federal Reserve rate hikes.


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