South Korea's Kospi hits fresh record as hopes of U.S.-Iran breakthrough rise

Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on May 15, 2026. Jung Yeon-je | Afp | South Korea's Kospi hit a fresh record Tuesday as trading resumed after a public holiday, with investor sentiment supported by hopes for a breakthrough in the U.S.-Iran peace talks. President Donald Trump said Monday negotiations with Iran were " proceeding nicely ," though he warned that the U.S. could resume attacks if the talks failed. …