MANILA – Asian shares were mostly higher Thursday, buoyed by gains of tech-related stocks after Wall Street inched to more records following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom.
In Tokyo, the Nikkei 225 added 0.8% to 44,171.03, with tech investment company SoftBank Group’s shares jumping nearly 10% in a second straight day of gains.
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Data released Thursday showed Japan’s producer prices rose 2.7% year-on-year in August from a 2.5% rise the previous month, in line with market expectations. The higher cost of food, transport equipment and machinery contributed to the rise in prices.
In Chinese markets, Hong Kong's Hang Seng index slid 0.3% to 26,124.85 while the Shan