SoftBank Group Corp shares jumped 5% in early Friday trade as the technology investor - which is preparing an initial public offering of chip designer Arm - was caught up in a frenzy for semiconductor and artificial intelligence-related stocks.

TOKYO (Reuters) -Shares in SoftBank Group Corp jumped 5% in early trading in Tokyo as the tech investing conglomerate, which is preparing to list chip designer Arm, was caught up in the frenzy for semiconductor and AI-related stocks.

A look at the day ahead in Asian markets from Jamie McGeever.

A federal district court judge on Thursday disqualified himself from hearing the Walt Disney Co's civil suit against Governor Ron DeSantis and other officials in the state of Florida.

South Korea's consumer inflation eased for a fourth consecutive month in May to its slowest pace in 19 months, data showed on Friday, matching market expectations.

Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of A$25 million ($16.96 million) to compensate underpaid salaried employees.