Nikkei 225, Kospi, Hang Seng Index
Aerial view of Mount Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day.
Yongyuan | E+ | Getty Images
Japanese stocks rose more than 3 percent on Thursday. Nikkei 225 It reached 61,000 for the first time as Asia-Pacific markets rebounded despite renewed tensions in the Middle East.
The broader regional advance comes after President Donald Trump warned that Iran would be bombed “at a much higher level” if it did not agree to a peace deal.
Nikkei 225 gained 3.72%, while Topix gained 1.91%. in Australia, S&P/ASX 200 rose above 1 percent.
South Korea’s kospi While it gained 1.17% in value, the small-scale Kosdaq Index lost 0.4% in value.
Trump’s new threats follow reports suggesting Washington and Tehran are nearing an agreement to end the war.
President one Real Social post He said the US military offensive, known as Operation Epic Rage, “will end” if Iran “agrees to deliver what was agreed upon, which is perhaps a big assumption.”
Trump wrote that if this were to happen, the US naval blockade of Iranian ports in the Gulf of Oman would “allow the Strait of Hormuz to be open to everyone, including Iran.”
West Texas Intermediate Futures For June, it rose 0.92% to $95.95 per barrel as of 19:19 ET.
Hong Kong Hang Seng index Futures were at 26,423 compared to the index’s last close of 26,213.78.
