Asian stock markets rise as traders react to strong rebounds in South Korea and Japan. South Korea’s Kospi jumps more than 14%—described by one outlet as surging over 16%—after a sharp pullback over the prior days. Japan’s benchmark Nikkei 225 also climbs, with reports putting the gain at more than 6%, lifting regional sentiment. Chip and artificial-intelligence-related stocks are cited as a key driver of the rebound, with AI-linked trade confidence improving alongside the revival in semiconductors.
In the broader region, Australia’s S&P/ASX 200 rises modestly, and the MSCI Asia Pacific index moves higher, reflecting gains across multiple markets. The Japanese yen holds its gains after authorities intervene to support the currency, according to one report.
Attention shifts to the Bank of Japan’s upcoming policy decision, with one outlet noting that the verdict is expected Friday. Traders are watching the BOJ’s stance for guidance on interest rates and broader economic policy, which could influence both the currency and equity markets.
