Asian shares rise, tracking Wall Street gains

Market Overview - Asian shares have mostly advanced, influenced by Wall Street's performance following US President Trump's decision to retract tariffs on eight European countries regarding Greenland [1][4] - The S&P 500 and Dow Jones Industrial Average futures showed minimal changes, indicating a stable market outlook [1] Regional Performance - Tokyo's Nikkei 225 increased by 1.7% to 53,688.89, driven by technology stocks, with SoftBank Group rising 11.6% and Disco Corp. soaring 17.1% [2] - South Korea's Kospi closed 0.9% higher at 4,952.44, marking a significant milestone by crossing the 5,000 mark for the first time [2] - Technology stocks in South Korea saw gains, with SK Hynix up 2% and Samsung Electronics up 1.9% [3] - The S&P/ASX 200 in Australia gained nearly 0.8% to 8,848.70, while Taiwan's Taiex rose 1.6% and India's Sensex added 0.2% [3] US Market Reaction - US markets experienced their largest losses since October due to Trump's initial tariff threats, which raised concerns about US-European relations [4] - Following Trump's reversal on the Greenland issue, the S&P 500, Dow Jones Industrial Average, and Nasdaq composite all rose by 1.2% [6] Company-Specific Developments - Halliburton's stock jumped 4.1% after reporting stronger-than-expected quarterly profits [7] - United Airlines shares rose 2.2% following better-than-expected quarterly results, while Netflix fell 2.2% despite reporting stronger profits due to concerns over subscriber growth [7] Commodity and Currency Movements - The price of gold fell 0.2% to $4,828.70 per ounce, reflecting reduced investor anxiety [8] - US Treasury yields eased, with the 10-year Treasury yield dropping to 4.25% from 4.30% [8] - The US dollar strengthened against the Japanese yen, rising to 158.75 from 158.27, while the euro increased to $1.1692 from $1.1687 [9]