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Korea, Taiwan Stock Rallies Fail to Wow Foreign Investors
The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering artificial intelligence. Photographer: SeongJoon Cho/Bloomberg
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The closing figures of South Korea's benchmark Kospi and Kosdaq indexes in Seou on June 8. Photographer: NurPhoto/NurPhoto
Asia-Pacific markets trade mixed as Trump signals no rush on Iran agreement
Asia-Pacific markets traded mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations after President Donald Trump said he was in "no hurry" to strike a deal to end the conflict, now in its fourth month. The U.S. and Iran have still not finalized an agreement to end the conflict, Trump said in an interview with his daughter-in-law, Lara Trump, on Fox News Saturday. He added that he is pressing for a deal that would ensure Iran never acquires a nuclear weapon.