Asian stock markets climb after earlier tech rout

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Asian stock markets have rebounded after last week’s tech rout triggered by the Democratic Party’s sweeping victory in the US midterm elections. Key indexes in Japan, South Korea, Taiwan and Hong Kong made substantial gains on Monday, following a rebound on Wall Street on Friday. In Tokyo, the benchmark Nikkei 225 was up 3.45 percent as of 04:00 GMT. In Taipei, the Taiex was 5.72 percent higher, while the Kospi in Seoul was up 1.68 percent. Futures for Wall Street’s benchmark S&P 500 index and the tech-heavy Nasdaq 100 were up 0.60 percent and 0.59 percent, respectively.