Tech firms powered Seoul's Kospi index to another record on Friday, while oil prices extended losses after traffic began to resume in the Strait of Hormuz under the US-Iran agreement.

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflation. This development, coupled with…

Tech firms powered Seoul's Kospi index to another record on Friday, while oil prices extended losses after traffic began to resume in the Strait of Hormuz under the US-Iran…