Markets in Japan and South Korea have hit fresh records as Asian shares advanced on expectations the U.S. and Iran will agree to extend the ceasefire in their war by 60 days.

TOKYO, May 27 : Asian shares climbed to record highs while oil prices remained elevated on Wednesday, as markets looked for signals that a shaky truce between the United States…

LONDON/TOKYO, May 27 : Global shares advanced and oil prices eased on Wednesday as markets looked for signs of whether a shaky truce between the United States and Iran will be…

Asian equities retreated from record highs as conflicting signals from the US and Iran on a potential peace deal emerged. Crude oil prices surged as the Strait of Hormuz remained…

Analysts warned that any potential ceasefire extension should be viewed cautiously