Skip to content

Asian shares rebound after last week’s technology sell-off

Markets in Japan, South Korea, Taiwan and Hong Kong rose on Monday after losses linked to concerns about US data-centre investment. US stock futures also edged higher.

Written by AI from 2 sources

Photo: Al Jazeera

  • Asian markets rose on Monday, recovering after last week’s technology-led sell-off, with gains across Japan, South Korea, Taiwan and Hong Kong. Al JazeeraThe West Australian

  • The Nikkei 225 was up 3.45 per cent and the Taiex 5.72 per cent as of 04:00 GMT; Seoul’s Kospi gained 1.68 per cent and Hong Kong’s Hang Seng Index 0.19 per cent. Al Jazeera

  • The sell-off followed US midterm results and concerns that Democratic-controlled legislatures could slow data-centre development. Wall Street rebounded on Friday, and US stock futures were higher on Monday. Al Jazeera