Asia Stocks Rise On Middle East Peace Hopes, Kospi & Nikkei At 2%, China PPI Turns Positive At 0.5%
Asian indices opened mostly higher amid cautious optimism over a fragile US-Iran truce and Netanyahu’s pledge for direct talks with Lebanon. South Korea’s Kospi surged 2 percent after the Bank of Korea held rates at 2.5 percent but cut its 2026 growth forecast due to West Asia war risks. Japan’s Nikkei rose nearly 2 percent while China’s PPI turned positive for the first time in 42 months.
Asian indices opened mostly higher amid cautious optimism over a fragile US-Iran truce and Netanyahu’s pledge for direct talks with Lebanon. South Korea’s Kospi surged 2 percent after the Bank of Korea held rates at 2.5 percent but cut its 2026 growth forecast due to West Asia war risks. Japan’s Nikkei rose nearly 2 percent while China’s PPI turned positive for the first time in 42 months.
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