Asia Markets Rise as Japan and South Korea Reach Records; Oil Surge and Iran Talks Cap Gains
Most Asian equity markets climbed on Monday, led by record-setting rallies in Japan and South Korea. Gains were undercut by a sharp rise in crude oil and stalled U.S.-Iran negotiations. Support came from U.S. markets, where the Nasdaq and S&P 500 closed at fresh highs, boosting sentiment for semiconductor and AI-linked names across the region.