FINWIRES · TerminalLIVE
FINWIRES

Japanese Stocks Rally on US-Iran Peace Deal Hopes Despite Ongoing Gulf Strikes

By

Japanese stocks rose at the open on Wednesday, driven by expectations that the US and Iran will sign a peace deal even as military strikes continue in the Persian Gulf.

The Nikkei 225 jumped 781.8 points, or 1.2%, to open at 65,777.87.

US President Donald Trump said ceasefire extension and Strait of Hormuz reopening talks are advancing.

However, Secretary of State Marco Rubio cautioned that any agreement would likely take several more days to finalize, according to various reports.

Meanwhile, commercial shipping through the Strait gained modest momentum over the past day, with at least two non-Iranian supertankers leaving the Persian Gulf, Bloomberg News reported on Wednesday.

This marks the first time in a week that four million barrels of unsanctioned crude have been observed crossing the waterway, with vessels departing in clusters followed by lighter flows in subsequent days, the newswire said.

Related Articles

Asia

Vista Group International Signs Five-Year Agreement With Cinemex for Mexican Circuit Transition

Vista Group International (ASX:VGL, NZE:VGL) said Cinemex has signed an agreement to transition its Mexican circuit back to Vista Group, following the transition of Cinemex's US circuit in 2025, according to a Wednesday Australia and New Zealand bourse filing.The company said the five-year agreement involves Cinemex's Mexican circuit initially going live on Vista Group's on-premises platform and Vista Cloud's Data Empowerment capability over the course of the year, with the parties reviewing the circuit's transition regularly over the term, the filing added.

$ASX:VGL$NZE:VGL
Asia

Scales Reaffirms 2026 Underlying Net Profit After Tax Guidance

Scales (NZE:SCL) reaffirmed its market guidance of an underlying net profit after tax attributable to shareholders of between NZ$50 million and NZ$55 million for the full year, according to a Wednesday filing with the New Zealand bourse.

$NZE:SCL
Asia

Bremworth Says New Zealand Commerce Commission Further Extended Clearance Decision Date on Scheme Implementation Agreement; Shares Down 4%

Bremworth (NZE:BRW) said the New Zealand Commerce Commission further extended the clearance decision date on the company's scheme implementation agreement with Floorscape and Mohawk Industries to June 30, according to a Wednesday filing with the New Zealand bourse.Floorscape agreed to acquire all of the company's shares through a scheme of arrangement, under the agreement disclosed in October 2025, the filing said.If scheme implementation does not occur prior to the Aug. 7 end date, either the company or Floorscape may elect to terminate the agreement, per the filing.Bremworth shares fell 4% in midday trade in New Zealand.

$NZE:BRW