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International Business Times
International Business Times
Business

Most Asian Markets Extend AI-fueled Rally

SoftBank's rally in Tokyo extended gains of more than 10 percent in the previous session (Credit: AFP)

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

Shanghai led the winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

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