Nikkei 225, Hang Seng Index, Kospi

Kazuhiro Nogi | AFP | Getty Images Japan and South Korea stocks hit record highs Thursday, trailing overnight gains on Wall Street after President Donald Trump‘s extended a ceasefire with Iran, boosting investor sentiment alongside strong corporate earnings. Trump extended a two-week U.S. ceasefire on Tuesday, saying it was warranted due to Tehran’s “seriously fractured” government….

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Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again?  The parallels are hard to ignore. Asian currencies are under pressure, fueling the risk of capital outflows. Spiking energy costs have pushed governments to…

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Nikkei 225, Kospi, Hang Seng Index, oil

The Tokyo Tower stands amid buildings at dusk in Tokyo, Japan. Bloomberg | Bloomberg | Getty Images South Korea stocks fell sharply Monday, leading declines in the region as the Middle East war entered its fifth week. The benchmark Kospi plunged over 5%, while the small-cap Kosdaq was 3.97% lower. Japan’s Nikkei 225 fell 3.97%,…

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