Asian stock markets rise amid hopes for US-Iran talks despite ceasefire uncertainty

Apr 21, 2026 #AsiaMarkets #USIranTalks #StockMarkets
Asian stock markets rallied on Tuesday despite uncertainty over US-Iran peace talks, with
Apr 21, 2026 #AsiaMarkets #USIranTalks #StockMarkets
Asian stock markets rallied on Tuesday despite uncertainty over US-Iran peace talks, with tech stocks driving gains across the region.
South Korea's Kospi and Taiwan's stock market hit record highs, fuelled by semiconductor demand and strong export data.
Japan's Nikkei also advanced as Tokyo announced its biggest overhaul of arms export rules in decades, ending longstanding restrictions on overseas weapons sales.
However, analysts warn that shipping disruptions through the Strait of Hormuz could persist for months, even if Washington and Tehran reach an agreement in Islamabad.

Al Jazeera's Patrick Fok reports from Hong Kong.

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