Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.

Japan’s Nikkei index soared 4.4 per cent, while Australia’s S&P/ASX 200 rose 1.3 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Japan’s Nikkei index led the regional gains, soaring 5.3 per cent as at 10am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. Oil prices plummeted on the news, with…

Oil prices tumble as benchmarks in Tokyo and Seoul gain over 5% amid easing geopolitical tensions