TOKYO, May 21 \u2014 Japan\u2019s Nikkei index jumped more than 3 per cent in early Asian trade today after Iran said it was examining a new US proposal to end the Middle East war.<\/p>\n
At around 0030 GMT the Nikkei 225 was up 3.20 per cent before easing slightly.<\/p>\n
South Korea\u2019s benchmark Kospi index soared 5.42 per cent, also helped by renewed negotiations between Samsung Electronics\u2019 management and workers\u2019 union that averted a strike called for today.<\/p>\n
President Donald Trump described yesterday the talks as being on the \u201cborderline\u201d between a deal and renewed strikes.<\/p>\n
Cautious hopes rippled quickly through financial markets. Oil prices fell more than 5 per cent yesterday, while US stocks rose, though analysts warned investors remained wary after weeks of false starts.<\/p>\n
Trump, who said earlier that negotiations were in their \u201cfinal stages,\u201d later warned that the window for diplomacy could close quickly.<\/p>\n
Iranian foreign ministry spokesman Esmaeil Baqaei said Tehran had \u201creceived the points of view of the American side\u201d and was examining them.<\/p>\n
Overnight gains of US shares, hopes for the end of the war in Iran and drops of oil prices were among factors that cheered Tokyo investors, said brokerage house Monex.<\/p>\n
\u201cFollowing the upward trend in the US market\u201d, the Japanese market was expected to open with \u201cbuying activity dominating today\u201d, it said. \u2014 AFP<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO, May 21 \u2014 Japan\u2019s Nikkei index jumped more than 3 per cent in early Asian trade today…\n","protected":false},"author":2,"featured_media":26373,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[20997,8,4868,2739,20998,5921,20996,52],"class_list":["post-26372","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tokyo","tag-esmaeil-baqaei","tag-japan","tag-kospi-index","tag-middle-east-war","tag-monex","tag-nikkei-225","tag-samsung-electronics","tag-tokyo"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/26372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=26372"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/26372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/26373"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=26372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=26372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=26372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}