Business and finance news from the Asia-Pacific.

Asian equities rose as dip buyers stepped in following a chip-stock selloff fueled by concerns about the artificial intelligence trade. Crude oil edged lower. MSCI Inc.'s Asia Pacific equities gauge climbed 1%, with five shares advancing for every one that declined. Samsung Electronics Co. and SK Hynix Inc. gained in Seoul, helping South Korea's Kospi Index rise almost 3% after slumping on Thursday to its lowest level since April. Bloomberg's Paul Allen and Haidi Stroud-Watts spoke to Vantage Markets Senior Market Analyst Hebe Chen.

And -  The situation in euro-area bond markets is contained and far from requiring intervention from the bloc's rescue fund, according to European Stability Mechanism Managing Director Pierre Gramegna. "We have a full range of instruments that can be used, and obviously we monitor the situation all the time," he told Bloomberg Television in Bangkok. "But we are not at all at the stage where the ESM has to jump in." He spoke to Bloomberg's Avril Hong from the sidelines of the IMF-World Bank's annual meetings. 

Business and finance news from the Asia-Pacific.
Asian equities rose as dip buyers stepped in following a chip-stock selloff fueled by concerns about the artificial intelligence trade. Crude oil edged lower.&nbsp;MSCI Inc.'s Asia Pacific equities gauge climbed 1%, with five shares advancing for every one that declined. Samsung Electronics Co. and SK Hynix Inc. gained in Seoul, helping South Korea's Kospi Index rise almost 3% after slumping on Thursday to its lowest level since April. Bloomberg's Paul Allen and Haidi Stroud-Watts spoke to Vantage Markets Senior Market Analyst Hebe Chen.
And - &nbsp;The situation in euro-area bond markets is contained and far from requiring intervention from the bloc's rescue fund, according to European Stability Mechanism Managing Director Pierre Gramegna. "We have a full range of instruments that can be used, and obviously we monitor the situation all the time," he told Bloomberg Television in Bangkok. "But we are not at all at the stage where the ESM has to jump in." He spoke to Bloomberg's Avril Hong from the sidelines of the IMF-World Bank's annual meetings.&nbsp;

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

Asia Stocks Rise as Chip Selloff Eases

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