Nikkei, KOSPI Hit Record Highs, Oil Surges

Asian equities surged as Japan's Nikkei 225 hit 60,652.98 and South Korea's KOSPI reached 6,630.35, both record highs.
KOSPI rose 2.3% driven by SK Hynix (+6%) and Samsung Electronics (+2.5%) amid strong semiconductor earnings and AI hype.
Crude oil prices climbed above $107 per barrel as US‑Iran negotiations stalled, while the BOJ is expected to keep rates at 0.75% but may signal a hike.
US Nasdaq and S&P 500 closed at fresh highs, boosting chipmakers across Asia; other Asian indices were flat or modestly down.