Asian Stocks Rise on Renewed AI Optimism, Kospi Gains 2.6%
The MSCI Asia Pacific Index increased by 0.6%, with key markets in Australia, Japan, and South Korea advancing. South Korea's Kospi Index surged 2.6%, driven by SK Hynix Inc., whose stock rose after reporting operating profits exceeding estimates. SK Hynix plans shareholder returns totaling 100 trillion won ($75.4 billion) for 2026.
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