Asian Stocks Rise as Oil Prices Decline and Tech Sector Rebounds

Asian stocks rose on Friday as a decline in oil prices eased inflation concerns and a tech-led rebound on Wall Street lifted sentiment ahead of the Bank of Japan's interest-rate decision.

The Dow Jones Industrial Average surged 3.14%, helping lift Asian chipmakers, while the Nikkei climbed 4.2%.

Japan's core consumer inflation slowed to 1.7% in August from 1.8% in July, its first decline in four months, with government subsidies helping contain utility costs.