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The Independent UK
The Independent UK
National
Yuri Kageyama

Asian benchmarks mostly rise despite ongoing worries about the Iran war

Asian shares rose in early Wednesday trading, boosted by optimism about artificial intelligence and computer chips despite ongoing worries about the war in Iran.

Japan's benchmark Nikkei 225 jumped 1.3% in morning trading to 66,318.81. Australia's S&P/ASX 200 gained 0.9% to 8,791.30. South Korea's Kospi lost earlier gains to be little changed, up less than 0.1% at 6,875.84. Hong Kong's Hang Seng rose 0.1% to 24,551.47, while the Shanghai Composite rose 0.3% to 3,843.26.

SoftBank Group Corp., which invests in OpenAI, surged about 6% in Tokyo morning trading. Also gaining were Japanese chips-related stocks like Renesas Electronics and Rohm Co.

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