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Asian Markets Start June Higher as AI Rally Offsets Middle East Oil Risks

Sydney, 1 June 2026 – Asian equities opened the new month on a firmer note as investor appetite for artificial intelligence and semiconductor-linked stocks helped offset renewed caution over Middle East tensions and higher oil prices.

Regional sentiment was supported by continued demand for AI-related shares, with Japan’s Nikkei 225 rising 0.5% after gaining almost 5% last week and reaching record highs. South Korea’s Kospi climbed 1.3% after surging 8% last week, while Taiwan’s market remained firmly supported after a nearly 6% weekly gain. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2%.

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  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

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