Ahead of the Lunar New Year holiday, the South Korea stock market had moved higher in two of three trading days since the end of the

World markets mostly rose on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut its key interest rate to by a quarter-point to 2.

IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.

From IBM's solid quarterly numbers to Microsoft's weak earnings show, here's a look at some of the major developments from across the world.

From this year, it plans to work on the 4,158-qubit 'Kookaburra.' Considering that South Korea aims to develop a 1,000-qubit-level quantum computer by 2032, IBM's technological capabilities are already well ahead of its competitors. The products released ...