
Asia Stocks Rise on Tech Optimism, Oil Prices Surge Amid Middle East Tensions
Asian markets see a tech-driven uplift as investors look to AI prospects, while oil prices surge due to escalating US-Iran tensions.
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Latest news and analysis on “AI boom”.

Asian markets see a tech-driven uplift as investors look to AI prospects, while oil prices surge due to escalating US-Iran tensions.

Tokyo and Taipei spearheaded a significant downturn in Asian markets, with tech firms bearing the brunt as investors grow wary of the AI boom.
China's economy expanded by 4.3 percent in the second quarter, marking the slowest pace in over three years.
China's exports in June surged by 27% year-on-year, significantly surpassing forecasts, driven by the global AI boom.

Singapore's economy expanded by 5.7 percent in the second quarter, down from 6.3 percent in the previous quarter.

Oil prices continued to rise while tech stocks fell sharply following fresh US strikes against Iran.
