Asian Stocks Rise as Chip Selloff Eases, Led by South Korea
Asian equities opened higher as investors stepped back from the sharpest pressure on semiconductor shares, with the MSCI Asia Pacific Index rising 0.6% and South Korean stocks leading the advance. Chipmakers Samsung Electronics and SK Hynix edged higher, while Wall Street’s late rebound — including a 0.3% gain in the S&P 500 — helped steady sentiment across regional markets.
