Asian stocks leap, currencies rise as Trump says Hormuz will reopen
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Asian stocks leap, currencies rise as Trump says Hormuz will reopen

Markets

US-Iran deal lifts Japan’s Nikkei average near 70,000 threshold

Asian stock markets soared on the back of the U.S. and Iran reaching a deal on Sunday to permanently end military operations in the Iran war. (Photo by Shintaro Ino)

JADA NAGUMO

TOKYO — Asian stock markets, led by Japan and South Korea, jumped on Monday as investors welcomed the pending peace deal between Washington and Tehran to end the monthslong war in Iran.

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