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Emerging-market equities climbed on AI-driven chip optimism, with a developing-nation stock gauge rising as much as 1.4% and heading for a record close despite concerns over stalled US-Iran peace talks. South Korea’s benchmark index surged 5% to an a

2026-05-11

Emerging-market equities climbed on AI-driven chip optimism, with a developing-nation stock gauge rising as much as 1.4% and heading for a record close despite concerns over stalled US-Iran peace talks. South Korea’s benchmark index surged 5% to an all-time high, led by semiconductor stocks including SK Hynix, Samsung Electronics and MediaTek amid fears of a memory-chip shortage. JPMorgan raised its South Korea stock target for the second time in under a month, citing a stronger semiconductor cycle and governance reforms. Still, some strategists warned valuations appear stretched and vulnerable to supply disruptions. Emerging-market currencies meanwhile slipped as rising oil prices strengthened the dollar after Donald Trump rejected Iran’s peace proposal.

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2026-05-10

According to the Islamic Republic News Agency (IRNA), the current phase of negotiations will focus on ending the war, according to the proposed plan.

According to the Islamic Republic News Agency (IRNA), the current phase of negotiations will focus on ending the war, according to the proposed plan.
2026-05-11

British Prime Minister's spokesperson Wells: We have not yet touched on the core issues of the UK-EU relationship.

British Prime Minister's spokesperson Wells: We have not yet touched on the core issues of the UK-EU relationship.
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