"Tech-Led Rebound: South Korea Stocks Lead Asia Gains as Markets Bask in Afterglow"

South Korea's Kospi led gains in Asia-Pacific markets, with the index rising 2.87% and posting a weekly gain of 5.47%, while Australia's S&P/ASX 200 rose 1.47% and Japan's Nikkei 225 rebounded 0.41%. South Korea's January inflation slowed for the third straight month to 2.8%, and Australia's producer price index rose 4.1% year on year in the fourth quarter. Aozora Bank shares tumbled to a three-year low due to U.S. commercial property losses, and the U.S. manufacturing sector remained in contraction during January, while prices posted an unexpected jump.