Asian shares rose for the first time in three days as a renewed wave of buying in companies linked to artificial intelligence lifted equities in Japan. Gold and oil edged lower after a peace deal in the Middle East.
MSCI’s regional stock gauge rose 0.3% with tech firms such as SoftBank Group Corp. among the winners. The Nikkei index extended its recent run of gains while Hong Kong fluctuated, with HSBC Holdings Plc falling after plans to take Hang Seng Bank Ltd. private. Shares in mainland China jumped 1.6% as markets reopened after the Golden Week break.