Tech Surge Bolsters Asian Equities Amid Global Economic Dynamics

Asian equities climbed sharply on Thursday, propelled by the technology sector's strong performance on Wall Street and rising optimism for U.S. interest rate cuts.

Further encouraging sentiment, a possible meeting between U.S. President Donald Trump and Russian President Vladimir Putin to discuss Ukraine supported the euro. Despite the tensions from recent tariff threats, positive earnings forecasts and supportive trade data from China provided a boost to investors.

The market's resilience was reflected in Japan's Topix index reaching record highs, while Taiwan's benchmark soared. Analysts highlighted exemptions on U.S. tariffs keeping strategic investments safe, offering some relief amid the uncertainty of trade policies.

(With inputs from agencies.)