{"id":260699,"date":"2026-06-01T00:35:00","date_gmt":"2026-06-01T04:35:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/01\/japan-south-korea-stocks-hit-more-records-as-oil-gains-on-iran-war-ending-fragility\/"},"modified":"2026-06-01T01:55:25","modified_gmt":"2026-06-01T05:55:25","slug":"japan-south-korea-stocks-hit-more-records-as-oil-gains-on-iran-war-ending-fragility","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/01\/japan-south-korea-stocks-hit-more-records-as-oil-gains-on-iran-war-ending-fragility\/","title":{"rendered":"Japan, South Korea Stocks Hit More Records, as Oil Gains on Iran War Ending Fragility"},"content":{"rendered":"

Japan, South Korea Stocks Hit More Records, as Oil Gains on Iran War Ending Fragility<\/a><\/p>\n

https:\/\/www.usnews.com\/news\/business\/articles\/2026-06-01\/japan-south-korea-stocks-hit-more-records-as-oil-gains-on-iran-war-ending-fragility<\/a><\/p>\n

Publish Date: 2026-06-01 00:35:00<\/a><\/p>\n

Source Domain: www.usnews.com<\/a><\/p>\n

HONG KONG (AP) \u2014 Stock markets in Japan and South Korea hit fresh record highs Monday on enthusiasm over the artificial intelligence boom and as investors await a decision on the Iran war ceasefire extension.<\/p>\n

Oil prices gained more than 2% as U.S.-Iran negotiations continued, including on the reopening of the Strait of Hormuz, a key waterway for global oil and natural gas transit.<\/p>\n

U.S. futures edged higher.<\/p>\n

Asian shares mostly advanced, and Japan\u2019s and South Korea\u2019s benchmarks hit records during intraday trading, led by technology-related stocks, as investors continued to see growth in AI and other advanced technologies.<\/p>\n

Tokyo\u2019s Nikkei 225 gained more than 1.3% and crossed the 67,000 mark for the first time, reaching 67,231.28. Shares of SoftBank Group, the investment company that focuses heavily on AI, rose more than 9% after hitting records last week.<\/p>\n

In South Korea, the Kospi index jumped nearly 5% and hit an all-time high of 8,874.16. Samsung Electronics, its biggest company, was up more than 9%. Official data on Monday showed that South Korea\u2019s exports surged 53% year-on-year in May, buoyed by global demand for semiconductors.<\/p>\n

The Nikkei 225 was up more than 12% over the past month, while the Kospi soared over 27% during the same period.<\/p>\n

Hong Kong\u2019s Hang Seng was trading 0.9% higher at 25,408.96. The Shanghai Composite index edged down 0.1% to 4,063.72, after China reported over the weekend that factory activity in May softened with signs of slowing new exports demand.<\/p>\n

Australia\u2019s S&P\/ASX 200 lost 0.1% at 8,720.30,.<\/p>\n

Taiwan\u2019s Taiex climbed 1.4%, while India’s Sensex added 0.6%.<\/p>\n

Brent crude oil, the international standard, rose 2.4% early Monday to $93.33 per barrel. It was approximately $70 a barrel in late February, before the start of the war. <\/p>\n

Benchmark U.S. crude was 2.8% higher at $89.76 a barrel.<\/p>\n

On Friday, Wall Street stocks reached more records powered by big technology stocks, with the benchmark S&P 500 adding 0.2% in its seventh straight gain…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Japan, South Korea Stocks Hit More Records, as Oil Gains on Iran War Ending Fragility…<\/p>\n","protected":false},"author":1,"featured_media":260700,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.usnews.com\/dims4\/USNEWS\/17bb2ef\/2147483647\/thumbnail\/970x647\/quality\/85\/?url=https%3A%2F%2Fwww.usnews.com%2Fcmsmedia%2F17%2F1ce0694b7ebaa68c837ea45b2e7175%2Fbb8ad72200dd407da782e04358579f19South_Korea_Financial_Markets__6566.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-260699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260699"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=260699"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260699\/revisions"}],"predecessor-version":[{"id":260701,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/260699\/revisions\/260701"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/260700"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=260699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=260699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=260699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}