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Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Asian shares are on the rise as oil prices fall, fueled by robust corporate earnings. Tokyo's Nikkei climbed 3.3%, with chipmakers and tech stocks leading the charge. Investors are feeling optimistic with a potential Mideast deal in sight.

AP News· Aug 5, 2026 · 8:01 AM · 2 views

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Asian shares are on the rise as oil prices fall, fueled by robust corporate earnings. Tokyo's Nikkei climbed 3.3%, with chipmakers and tech stocks leading the charge. Investors are feeling optimistic with a potential Mideast deal in sight.

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#news #breaking #oilprices #Asia #stockmarket #corporateearnings #Mideast

Originally reported by AP News. Read the full story →

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