Stocks rise as Iran offers US proposal to reopen Strait of Hormuz

15 articles · Updated · Bloomberg · Apr 27

MSCI’s Asia Pacific index climbs 1.1% and its emerging markets index hits a record, while Taiwan Semiconductor surges 6% to an all-time high.
The dollar slips and Asian tech stocks outperform after Axios reports Iran’s proposal, which aims to end the war and postpones nuclear talks.
The offer eases concerns over stalled peace negotiations, lifting global market sentiment and driving regional tech benchmarks to record highs.

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