Asian markets rebounded as U.S. President Donald Trump suggested a potential end to the Iran conflict, with South Korea's Kospi leading gains. Energy and defense sectors saw shifts amid reduced geopolitical tensions.
- South Korea's Kospi surged over 6.5% amid optimism about reduced geopolitical tensions.
- Japan's Nikkei 225 rose 4.04%, with financial stocks leading the gains.
- U.S. crude and Brent futures increased by 1.34% and 1.27%, respectively, as conflict fears eased.
- The Bank of Japan's Tankan survey showed improved business sentiment among large manufacturers.
- Hong Kong's Hang Seng index gained 1.71%, while China's CSI 300 rose 1.47% despite slower manufacturing activity.
- Australia's S&P/ASX 200 advanced 1.7%, driven by educational services stocks.
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