Asian shares rally on easing war concerns; Treasuries dip

Asian shares surged Thursday as risk appetite recovered slightly amid easing Middle East war concerns. South Korea’s KOSPI led gains with a 10.4% jump, while Japan’s Nikkei rose 2.9%. US Treasuries fell, oil and gold climbed, and China's growth target was set slightly lower at 4.5%-5%, adding cautious optimism to markets.