Asian shares tumble, oil rises as markets await AI sector results

Business Recorder • Oct 20, 2026

TOKYO: Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled ​sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled demand for ‌safe-haven assets. Crude p...

TOKYO: Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled ​sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled demand for ‌safe-haven assets. Crude prices resumed their climb as markets weighed an executive order from US President Donald Trump that waived some sanctions and tariffs on Russian energy. The spo...