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2026-08-05T06:11:00.000Z

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Asian markets rise on Wall Street gains

Asian markets rise on Wall Street gains

Stock markets in Asia rose on Wednesday, led by technology shares, supported by a rally in Wall Street and falling oil prices. This boosted positive expectations for semiconductor and artificial intelligence stocks in the region. The South Korean KOSPI index surged by more than 4%, and the Japanese Nikkei rose by 3.1%, while Hong Kong declined by 0.4%. Major tech companies such as SoftBank and Samsung saw notable gains, influenced by optimism about the expansion of AI-related data centers. Meanwhile, Wall Street reached new record highs thanks to strong earnings and falling oil prices.

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