Asian stocks: Markets trade in green on US interest rate cut hopes; Nikkei adds over 700 points, Kospi gains 2.7%

Asian stocks mostly rose on Friday, driven by hopes of US interest rate cuts and significant investments in artificial intelligence. Japanese tech firms surged after Hitachi partnered with OpenAI, following similar deals by Samsung and SK hynix. This global rally, pushing markets to record highs, is also supported by a slowing US labor market.