Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, as markets in South Korea, Japan and Taiwan surge driven by a rebound in semiconductor shares amid sustained AI-driven demand. Data showed South Korea’s semiconductor exports soared 180 percent year-on-year in the first 20 days of July. Asian markets closed mixed on Tuesday.
Geopolitical tensions in the Middle East continued to influence market sentiment. U.S. President Trump played down the prospects of near-term talks with Iran and warned that U.S. forces could strike Iran’s Pickaxe Mountain, which is located near Natanz and is believed to house an undeclared nuclear enrichment facility.
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Asian Markets Track Wall Street Higher
2026-07-22 03:26:06
