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South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
A deal to end the Iran war triggered sharp gains in global stock markets, with Japan's Nikkei 225 rising 4.99% and South Korea's Kospi surging 5.54%. Oil prices fell as investors priced out Middle East conflict risk, benefiting energy-importing economies.
Asian equities reached a six-week high as hopes for U.S.-Iran peace talks boosted regional risk appetite. South Korea's Kospi surged 3.02%, while MSCI's Asia-Pacific ex-Japan index gained 1.5%, Hong Kong's Hang Seng rose 1.2%, and Chinese blue-chips added 0.5%. Sustained gains hinge on progress in diplomatic negotiatio
Tag
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
Yesterday · 3 min · Markets
A deal to end the Iran war triggered sharp gains in global stock markets, with Japan's Nikkei 225 rising 4.99% and South Korea's Kospi surging 5.54%. Oil prices fell as investors priced out Middle East conflict risk, benefiting energy-importing economies.
15d ago · 3 min · Global Affairs
Asian equities reached a six-week high as hopes for U.S.-Iran peace talks boosted regional risk appetite. South Korea's Kospi surged 3.02%, while MSCI's Asia-Pacific ex-Japan index gained 1.5%, Hong Kong's Hang Seng rose 1.2%, and Chinese blue-chips added 0.5%. Sustained gains hinge on progress in diplomatic negotiatio
2mo ago · 1 min · Markets
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