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Markets17m ago

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

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 · 17m 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

5 events in this thread
  1. Currently Reading17m ago
    South Korea's Kospi advanced 7.01% at open, while the small-cap Kosdaq added 3.25% on June 12.
  2. Markets48m 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
  3. Markets1h 10m 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
  4. Markets1h 54m 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
  5. Markets3h 40m 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

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