economy
South Korea stocks hit fresh high amid mixed regional trade despite Trump's Iran deal caution
Asia-Pacific markets traded mixed on Monday as investors monitored lingering uncertainty around U.S.-Iran negotiations.
TL;DR
- South Korea's Kospi hit a record high, while Kosdaq declined.
- Samsung Electronics shares reached an all-time high, climbing over 3%.
- Asian markets showed mixed performance, with Japan's Nikkei up and Australia's index down.
- SoftBank Group shares rose 5% on plans to invest in French AI infrastructure.
- U.S. equities closed at record highs last Friday.
- President Trump stated he is in "no hurry" to reach a deal with Iran and wants to prevent nuclear weapons development.