Asian stocks ended mostly higher on Tuesday as major regional markets resumed trading after a long holiday weekend. Investors grew hopeful about a possible end to the Iran war as the 8 p.m. ET Tuesday deadline set by U.S. President Donald Trump approaches.
Trump broadened his warning against Iran to include potential strikes on infrastructure, such as power plants and bridges, if Tehran fails to reach a deal and the Strait of Hormuz, a crucial global energy route, is not reopened.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.