Asian Markets Rise on Hormuz Reopening Hopes After Iran-Oman Draft Protocol Reports

Asian Markets Rise on Hormuz Reopening Hopes After Iran-Oman Draft Protocol Reports

Aiko Nakamura1 month ago4 weeks ago04 mins

Asian equity markets traded mostly higher on Friday after reports emerged that Iran and Oman are drafting a protocol to “monitor transit” through the Strait of Hormuz, raising cautious hopes that the crucial waterway could partially reopen. Iran’s deputy foreign minister Kazem Gharibabadi stated that tanker traffic through the strait “should be supervised and coordinated”…

Engineer handling computer cuircutboard with gloves on

Asia’s AI Hardware Boom Lifts Chipmakers From Taiwan to Korea

Mei Lin Chen1 month ago2 weeks ago04 mins

Asia’s artificial-intelligence hardware boom is lifting chipmakers, component suppliers and equipment firms across Taiwan, South Korea and Japan, as demand for compute infrastructure spreads beyond the largest U.S. cloud companies. The rally is no longer only about advanced processors; it now includes memory, packaging, substrates, cooling systems and power-management components. Taiwan remains central because of…

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April 3, 2026

Asian Markets Rise on Hormuz Reopening Hopes After Iran-Oman Draft Protocol Reports

Asia’s AI Hardware Boom Lifts Chipmakers From Taiwan to Korea