MSCI's broadest index of Asia-Pacific shares outside Japan was up 2.7%, snapping a four-day losing streak as South Korea's Kospi surged as much as 5.5%. "That's a positive sign, at least in terms of signalling or willingness to end the conflict," he said, speaking on a podcast. Stocks on Wall Street soared on Tuesday as traders bet on the potential off-ramp to the war, sending the S&P 500 2.9% higher, though oil markets were more subdued as trading resumed in Asia. Brent crude futures moved 1.1% higher to $105.16 a barrel to retrace some of the previous day's decline. The yield on the U.S. 10-year Treasury bond was down 1.2 basis points at 4.297%.

Source: The Star April 01, 2026 12:09 UTC