Japan, South Korea markets hit records on hopes for a winding down of the Iran war | World
• Stock markets in Japan and South Korea reached all-time closing highs, with Tokyo’s Nikkei 225 jumping 2.5% to 66,329.50 and South Korea’s Kospi surging 3.6% to 8,476.15. • The rally was driven by optimism that the U.S. and Iran will extend their ceasefire, alongside lower-than-expected core inflation data in Tokyo for May. • Technology stocks fueled the gains, particularly in South Korea where Samsung Electronics rose 5.8% due to the global artificial intelligence boom.
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