Asian Shares Rise on AI Demand as Oil Slips

Asian Shares Rise on AI Demand as Oil Slips

Asian shares edged higher on Monday as AI-driven demand lifted chipmakers, with South Korea's tech index up 1.5% and Chinese blue chips gaining 0.6%. Oil fell over 2% on signs of increased Middle East supply, with Brent at $101.63 a barrel. Thin trading amid Japan's Silver Week holiday left the yen firm at 156.67 per dollar.

Source: Reuters

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