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strikeMay 15, 2026

Asian stocks are lower after South Korea's Kospi hits records, as Trump wraps up Beijing trip

Summary

HONG KONG (AP) — Asian stocks mostly retreated Friday and South Korea’s Kospi gave up gains after reaching an all-time high, as investors watch for developments from the Iran war and U.S. President Donald Trump’s summit in Beijing with Chinese leader Xi Jinping.

Source: CHAN HO-HIM, AP Business Writer — Read the full report

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  • CHAN HO-HIM, AP Business WriterBy CHAN HO-HIM, AP Business Writer

    HONG KONG (AP) — Asian stocks mostly retreated Friday and South Korea’s Kospi gave up gains after reaching an all-time high, as investors watch for developments from the Iran war and U.S. President Donald Trump’s summit in Beijing with Chinese leader Xi Jinping. U.S. …

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