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Wednesday, August 5, 2026
HomeBusinessAsia shares surge on tech mood swing, oil retreats

Asia shares surge on tech mood swing, oil retreats

SYDNEY, Aug 5: Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the Strait of Hormuz dragged on oil prices and bond yields. Japan’s Nikkei climbed 3. 0 per cent and South Korea added 3. 4 per ce

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