Stocks surge in Seoul and Tokyo, plus other Asian markets on Tuesday, while the price of oil fell amid hope that a peace deal is slowly edging toward fruition The post Kospi and Nikkei Rally, Oil Falls, as Hopes for Mideast Peace Rise appeared first on Asia Financial .

Japan's Nikkei share average surged to a record high, driven by optimism for a Middle East peace deal and strong AI stock performance following Dell Technologies' positive earnings. The broader Topix also reached an all-time closing high. This market rally was fueled by renewed hopes for de-escalation in the Middle East and robust demand for AI-optimized servers.