Asian markets today: Asian markets rallied on Tuesday as easing tensions in the Middle East helped cool oil prices, boosting investor sentiment.
South Korea’s Kospi jumped more than 3% before trimming gains to close 1.5% higher, while the small-cap Kosdaq advanced 1.7%.
Japan’s Nikkei 225 rose 1.1%, and the Topix gained 1.87% after the country’s headline inflation eased for a fourth consecutive month in February, reflecting a cooling economy amid stabilising food prices and fuel subsidies.
Data from the Statistics Bureau of Japan showed the consumer price index slowed to 1.3% last month — its lowest level since March 2022 and below the central bank’s 2% target — down from 1.5% in January.
Australia’s S&P/ASX 200 edged up 0.32%, while Hong Kong’s Hang Seng Index climbed 1.62% and China’s CSI 300 added 0.52%.
Meanwhile,
(This is a developing story)
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