(Jan 16): Records in South Korea and Taiwan pushed emerging Asian market equities to an all-time high on Friday, as TSMC's robust earnings and annual forecast boosted optimism around AI, with a trade deal between the US and Taiwan also helping. The MSCI gauge of EM Asia equities climbed around 0.7% each to notch an all-time high. The index tracking EM Asia tech stocks jumped more than 2% to a record peak. Stocks in Taiwan finished at a record closing level of 31,408.70 points, and above the 31,000-mark for the first time ever. In Southeast Asia, Singapore stocks traded a few points shy of their record high of 4,846.680 points, up for a sixth straight session.

Source: The Edge Markets January 16, 2026 08:25 UTC