Asian Stocks Find Relief as Oil Price Eases

Resource stocks push TSX lower

Wall Street opens higher after best month in years

Asia shares find hope in tech resilience, oil off peak

Asian shares rallied in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan's first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecasts and providing an upbeat outlook for sales, though it did warn of chip supply constraints. Its shares rose 2.7% in extended trading, adding to gains of 10% in both Caterpillar an…

Asian stocks find relief as oil price eases

MSCI's broadest index of Asia-Pacific shares outside Japan has edged higher off the back of strong tech company earnings.

Global Market: Asia shares find relief in tech resilience, oil off peak

Asian markets rebounded as tech stocks rallied on strong earnings, while Japan intervened to support the yen after its slide. Oil prices eased from four-year peaks amid geopolitical tensions, though Iran's threats kept crude firm. Central banks signaled potential rate hikes, influencing currency movements.

Asia shares find relief in tech resilience, oil off peak

Dollar steadies vs yen after intervention slide

Asian shares find relief in tech resilience, oil off peak

In commodity markets, gold was flat at US$4,623 an ounce, having been stuck in a tight trading range for more than a month. (EPA Images pic) SYDNEY: Asian share markets rebounded in relief on Friday as oil prices came off the boil and upbeat company earnings pulled investors into tech stocks, while Japan’s first yen-buying intervention in two years steadied the battered currency. Apple amplified the cheer by beating forecasts and providing an up…