Asian Markets Gain on Iran Peace Hopes and Economic Data

Asian shares rose on hopes for an end to the Iran conflict. Strong South Korean exports and Japanese business sentiment further boosted investor confidence.

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Financial markets across Asia surged on Wednesday as investors reacted with optimism to potential de-escalation in the Middle East and exceptionally strong economic data from the region. Trading in Singapore and other major hubs reflected a shift in sentiment following reports that the United States could soon end its military engagements with Iran.

Pedestrians walk across a bridge in the Lujiazui financial district of Shanghai as electronic boards display stock indices, March 2, 2026. REUTERS/Go Nakamura/File Photo
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