Asian stocks rise as AI capex ramps up, oil at six-week highs

Currency dealers work as an electronic board displays the Korea Composite Stock Price Index (KOSPI), the exchange rate between the U.S. dollar and South Korean won and the Korea Securities Dealers Automated Quotations (KOSDAQ) at the dealing room of a bank, as the benchmark KOSPI index opened above the 7,000 mark in Seoul, South Korea, May 6, 2026. REUTERS/Kim Soo-hyeon.