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Asian stocks rise on US-Iran hopes

Asian stocks rise on US-Iran hopes

Asian stocks saw only limited recovery amid anticipation of easing tensions between the United States and Iran, after Washington conducted strikes inside Iran and Tehran responded with attacks on U.S. bases in the Middle East. Despite the unrest, indicators such as the "Kospi" and "Nikkei 225" showed some stability, while shares of major technology companies like "Alibaba" and "JD.com" declined due to concerns over competition and investigation reports. Oil prices rose as tensions escalated, with markets focusing on upcoming U.S. inflation data.

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