Asian stocks generally rose, with Oracle’s upward revision of its revenue guidance boosting semiconductor stocks in the region. The Taiwan stock market surged over 4%.
Asian stock markets generally rose today (March 11). Oracle (ORCL.US) raised its annual revenue guidance, driving significant gains in semiconductor stocks across the Asia-Pacific region. Taiwan’s stock market surged over 4%, while South Korea’s and Japan’s markets climbed 3.8% and 2.6%, respectively. The fourth session of the 14th National Committee of the Chinese People’s Political…