"Asian Stocks" Asia-Pacific stock markets rise, Japanese stocks up by a thousand points, Taiwan and South Korea stocks hit new highs

U.S. President Trump claims to have reached a framework agreement on the Greenland issue and has withdrawn the threat of tariffs against eight NATO member countries. The Asia-Pacific stock markets rose, with technology stocks significantly increasing, and the Taiwan and South Korean stock markets hitting new highs.

The People's Bank of China conducted a seven-day reverse repurchase operation in the open market, with a net injection of 30.9 billion yuan for the day. The Shanghai Composite Index fell 6 points or 0.1% to 4,110 points; the Shenzhen Component Index dropped 24 points or 0.2% to 14,230 points. The Hong Kong Hang Seng Index decreased by 26 points or 0.1% to 26,558 points, with a turnover of 131.6 billion yuan. The Taiwan Weighted Index rose 576 points or 1.8% to 31,822 points, reaching a new high of 31,890 points during the session. TSMC rose 1.2%, while Hon Hai and MediaTek increased by 1.8% and 1.7%, respectively.

Semiconductor stocks surged, boosting Japanese stocks, with the Nikkei Average rising 1,033 points or 2% to 53,808 points. Discus's quarterly results exceeded expectations, with its stock price soaring 17.1% to the limit. Advantest and Renesas Electronics rose by 4.6% and 5.3%, SoftBank increased by 12%, and Kioxia rose by 8.5%. The semiconductor market also lifted South Korean stocks, with the KOSPI rising 64 points or 1.3% to 4,974 points, reaching a new high of 5,019 points during the session. Memory stocks Samsung Electronics and SK Hynix rose by 3.6% and 2.3%, respectively, while battery stock LG Energy Solution increased by 4.2%. The South Korean government is reportedly planning to introduce new economic stimulus policies.

The Indian Nifty 50 Index rose 234 points or 0.9% to 25,392 points. Tata Motors increased by 3.4%, while Adani Ports and Special Economic Zone and Adani Enterprises rose by 2.8%. The Australian S&P/ASX 200 Index rose 63 points or 0.7% to 8,846 points. Commonwealth Bank of Australia and Westpac Banking Corporation rose by 2.1% and 1.9%, respectively, while National Australia Bank increased by 3.1%. The New Zealand Exchange 50 Index rose 139 points or 1% to 13,556 points.

The Singapore Straits Times Index rose 23 points or 0.5% to 4,833 points. UOB rose by 2%, while real estate stocks CapitaLand and City Developments increased by 2.4% and 3%, respectively. In other Southeast Asian stock markets, Malaysia, Indonesia, and Thailand rose by 0.5% to 0.6%, the Philippines rose by 1.2%, and the Ho Chi Minh and Hanoi stock markets in Vietnam rose by 1.1% and 0.5%, respectively