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Markets2h 42m ago

South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.

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South Korea, Japan, Australia, Hong Kong, US, Iran

Who
Donald Trump
What
South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
When
Fri, 12 Jun 2026 01:32:37 GMT · 2h 42m ago
Where
South Korea, Japan, Australia, Hong Kong, US, Iran ·
Why
Asian markets cheered the de-escalation of hostilities between the US and Iran after US President Donald Trump signaled that the US and Iran could soon sign a peace deal.
The Frontline Impact

How this affects you

Global markets, including those in Asia-Pacific and the US, rallied significantly, and oil prices fell due to reduced fears of an escalation of hostilities between the US and Iran after President Trump called off planned strikes.

Story chain

12 events in this thread
  1. Markets1h 9m ago
    South Korean stocks jumped as risk appetite improved after President Donald Trump said the US was nearing an agreement with Iran to end the war.
    Open article
  2. Markets1h 9m ago
    Gold jumped the most in more than two months after US President Donald Trump said he canceled planned military strikes against Iran.
    Open article
  3. Markets1h 48m ago
    Stock markets across Asia surged following President Donald Trump's announcement that planned strikes on Iran were canceled, with Brent crude futures falling below $90 a barrel.
    Open article
  4. Markets1h 48m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, on optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  5. Markets1h 48m ago
    Stock markets across Asia surged, with Korea's Kospi soaring nearly 8 per cent, following optimism over the US decision to not go ahead with planned strikes on Iran.
    Open article
  6. Markets2h 6m ago
    Indian markets are predicted to open positively today, June 12, 2026, following a strong global equities rally driven by optimism for a US-Iran peace deal.
    Open article
  7. Markets2h 6m ago
    Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on Friday, tracking strong gains across global markets after optimism grew over a possible peace agreement between the United States and Iran.
    Open article
  8. Currently Reading2h 42m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
  9. Markets3h 12m ago
    U.S. President Donald Trump announced that the U.S. had reached a "great settlement" to end the war with Iran, which drove oil prices lower and U.S. markets to rally.
    Open article
  10. Markets3h 34m ago
    Asian stocks rallied on Friday due to hopes of a Middle East peace deal and anticipation of Elon Musk's SpaceX IPO, which raised a record $75 billion, while oil prices fell to two-month lows tempering inflation fears.
    Open article
  11. Markets4h 18m ago
    US stocks rallied, adding $1.2 trillion in market value, after President Donald Trump signaled a possible Iran deal and reports emerged of cancelled airstrikes.
    Open article
  12. Markets6h 4m ago
    US stocks rallied and oil prices tumbled on Thursday after US President Trump announced the cancellation of planned strikes on Iran and touted a deal with the country.
    Open article

Verified Sources & Citations