Japan's Nikkei, South Korea's Kospi jump on Iran hopes

Published May 21, 2026 Updated May 21, 2026 07:09am

Japan’s Nikkei index jumped more than three per cent in early Asian trade after Iran said it was examining a new US proposal to end the Middle East war, AFP reports.

South Korea’s benchmark Kospi index soared 5.42pc, also helped by renewed negotiations between Samsung Electronics’ management and workers’ union that averted a strike called for today.

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