Global Markets: Japan's Nikkei rebounds as AI shares gain, oil tempers broader mood

Japan's Nikkei rebounded on the back of AI-related gains driven by reports that China may allow top AI firms to buy limited Nvidia H200 chips and a $30 billion chip-supply deal between Broadcom and Apple. However, broader sentiment was tempered as oil prices rose about 1% after the US launched fresh strikes on Iran amid renewed Middle East tensions, weighing on transport and air-related stocks. The benchmark 10-year JGB yield hit a fresh 30-year high on inflation and fiscal concerns, dragging real estate down 1.3%.