NewzHONG KONG (AP) — Oil prices slipped Thursday after recent gains, with Brent crude trading near $95 a barrel, while Asian shares advanced. and Iran pushed oil prices sharply higher earlier in the week. President Donald Trump said Wednesday he doesn’t expect the U.S.
bombing campaign to last “much longer.” Brent crude, the international standard, fell 0.4% to $95.26 per barrel. crude shed 0.1% to $90.84 a barrel. Tokyo’s Nikkei 225 advanced 0.2% to 64,455.83.
Among major gainers, OpenAI investor SoftBank Group rose 2.9%, memory chipmaker Kioxia Holdings rose 0.6%, and chip equipment manufacturer Tokyo Electron gained 0.8%. South Korea’s Kospi rose 1.4% to 6,656.81. Samsung Electronics was 1.3% higher, while memory chipmaker SK Hynix was up 1.4%.
In Hong Kong, the Hang Seng edged 0.1% higher, to 25,344.80. The Shanghai Composite index climbed 0.4% to 3,958.79. Australia’s S&P/ASX 200 gained 0.5% to 9,025.10.
The Taiex in Taiwan rose 0.6%, while India’s Sensex climbed 0.3%. The regional advance followed gains for stocks on Wall Street, where the benchmark S&P 500 gained 0.5% on Wednesday. The Dow Jones Industrial Average climbed 0.6%, and the technology-heavy Nasdaq composite rose 0.5%.
Investors welcomed some encouraging signals about demand for artificial intelligence from two big tech companies, Dell and Palo Alto Networks. The AI boom has been the key driver behind the S&P 500’s gains this year. Dell Technologies surged 15.8% following strong quarterly profits.
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