Asian markets rise, Hormuz uncertainty weighs on global sentiment
Asian markets opened higher on Monday, extending gains from Wall Street’s record-setting session, while investors remained focused on developments surrounding the Strait of Hormuz and the possibility of a U.S.-Iran agreement.
August 10, 2026 (MLN): Asian markets opened higher on Monday, extending gains from Wall Street’s record-setting session, while investors remained focused on developments surrounding the Strait of Hormuz and the possibility of a U.S.-Iran agreement. Japan’s Nikkei 225 gained 0.54%, while the broader Topix edged higher. South Korea’s Kospi advanced 0.53%, with the small-cap Kosdaq rising 1.48%. Australia’s S&P/ASX...