Shares cheered in Asia as Trump announces Iran-Israel ceasefire


A street sign for Wall Street is seen outside the New York Stock Exchange in Manhattan, New York City

SYDNEY: Wall Street futures rose and the dollar eased in Asia on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.

Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours and then the war would be considered "ended".

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Asian bonds draw strong foreign inflows in December
Malaysia’s auto market maintains momentum with 820,752 units sold in 2025
China to play 'stabilising' role in Davos
Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil
AirAsia X announces new leadership structure

Others Also Read