Tech firms lead Asian markets higher, oil swings after Maduro ouster [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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Source: Yahoo! Finance
While the South American leader's removal added to geopolitical risk on global markets, traders chose to focus on the long-running artificial intelligence boom and hopes for more US interest rate cuts. The first full week of business for 2026 will also see the release of key jobs data that could play a role in the Federal Reserve's decision-making on borrowing costs. Investors will also be on the lookout for an idea about who US President Donald Trump chooses to take the helm at the central bank when Jerome Powell steps down in May. In early trade, Asian stocks were up across the board, led by markets with heavy tech presence. Tokyo surged 2.8 percent thanks to tech investor SoftBank's four percent gains and chip equipment maker Tokyo Electron's five percent advance. The Kospi in Seoul gained more than two percent, with SK Hynix up more than three percent and Samsung Electronics soaring 4.6 percent. Taipei was 2.5 percent up as chip titan TSMC rocketed more than five perc
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