OIL PRICES EASE AND ASIAN SHARES GAIN ON HOPES FOR MIDEAST DEAL, AS COMPANIES REPORT STRONG PROFITS

Currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug. 5, 2026.

Associated Press reports that currency traders pass by a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, Aug.

The report adds: 5, 2026.

(AP Photo/Ahn Young-joon) 2026-08-05T05:00:41Z BANGKOK (AP) — Asian shares surged and oil prices slipped Wednesday after the U.S.

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