Why Prediction Markets Are Facing New Insider Trading Scrutiny - Bloomberg

• Japanese and South Korean stock markets opened higher on Friday, May 29, following record-breaking performance in U.S. indices. • The Nikkei 225 Index surpassed the 66,000-point threshold, reaching an intraday high of 66,036.50 and positioning itself for a new record.

• Stock markets in Japan and South Korea reached new record highs as global shares generally advanced. • The surge is driven by investor optimism that the United States and Iran will agree to extend their current ceasefire, potentially winding down the conflict.

• Asian stock markets surged, with exchanges in Tokyo, Seoul, and Taipei rising by more than 2% following hopes of a US-Iran ceasefire deal. • Crude oil prices declined, with the West Texas Intermediate benchmark falling below $88 a barrel.

• India is introducing the new Industrial Production Index (IIP) Series 2026, which shifts the base year to 2022-23 to better reflect the current economic landscape. • The updated index expands its scope to include modern sectors and products such as vaccines, aircraft parts, gas supply, and rare earth minerals.

• Asian stock markets saw significant gains, with the South Korean Kospi surging 3.6%, the Japanese Nikkei rising 2.65%, and Hong Kong’s Hang Seng increasing by 0.9%. • The market rally coincided with a dip in oil prices, driven by investor optimism regarding a potential peace deal between the United States and Iran.

• South Korea's Kospi and Japan's Topix indices reached record highs as Asia-Pacific markets rose despite renewed tensions involving Iran. • Other regional markets also saw gains, with Hong Kong's Hang Seng index increasing by 1.1%, while China's CSI 300 remained unchanged.

• Asian stock markets rallied on Friday, with South Korea's KOSPI index reaching record highs. • The surge was driven by investor optimism following reports of a tentative 60-day ceasefire extension between the United States and Iran.

• Indian stock markets experienced volatility on Friday, with the Sensex and Nifty 50 indices fluctuating between gains and losses after a marginal opening increase. • Market instability was driven by investor concerns over escalating geopolitical and political tensions within the Middle East.

• The pan-European STOXX Europe 600 Index rose by 3.00%, reflecting market resilience driven by hopes for de-escalation in the Middle East. • Despite this growth, overall economic forecasts remain tempered due to ongoing geopolitical uncertainties and energy shocks.

• Indian equity benchmarks closed marginally lower for the second straight session, as declines in the energy, IT, and financial sectors outweighed gains in auto stocks. • Technical analysts, including Vatsal Bhuva of LKP Securities, note that the Nifty 50 recently broke out above the 23,800 congestion zone, suggesting improving market momentum.

• Thailand’s SET Index closed at 1,568.97 points on May 28, 2026, marking a slight decrease of 1.98 points or 0.13%. • The total trading value for the session reached THB 62.57 billion.