• Asian stocks are set to end the week on a high as Taiwan Semiconductor Manufacturing Co.’s outlook fueled hopes for a global tech recovery this year.
• Australian stocks rallied and equity futures in Japan and Hong Kong pointed to early gains after US shares snapped a two-day losing streak as bond-market volatility abated. Contracts for US equities were little changed in Asia trading after the tech-heavy Nasdaq 100 index closed at an all-time high as TSMC’s earnings spurred the biggest rally in chipmakers in more than a month.