FX.co ★ Asian Stocks Gain on Tech Rebound

Asian equity markets rose on Tuesday as the recent selloff in semiconductor stocks showed signs of stabilizing, while a decline in oil prices further supported risk appetite. Chipmakers and artificial intelligence-related stocks in Japan and South Korea led regional gains. Chinese equities also outperformed after Beijing rolled out measures to halt the slide in technology shares, with regulators, state-backed investors, insurers, and asset managers all acting to shore up market confidence. On the geopolitical front, oil prices pulled back as mediators worked to bring the US and Iran closer to a new ceasefire, with reports indicating a potential 10-day truce.