Asia markets bounce back: KOSPI soars 11% in historic rebound, China pledges stimulus despite low growth goal

Asian markets rebounded significantly on Thursday, with South Korea's KOSPI soaring 11% after a steep decline, driven by bargain buying and positive Wall Street signals. China's stocks rose as the government announced a modest GDP growth target of 4.5% to 5% for 2026, pledging continued fiscal support. Other markets, including Japan and India, also saw gains, while Bitcoin and gold prices increased amid ongoing geopolitical tensions. Australia's trade surplus fell, indicating stronger domestic demand, while U.S. stock futures remained steady following a positive session.