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Tokyo and Asia-Pacific close sharply higher as Nikkei, Kospi and commodities surge on risk-on wave

Tokyo and Asia-Pacific close sharply higher as Nikkei, Kospi and commodities surge on risk-on wave

Executive summary: Tokyo and broader Asia-Pacific markets finished the session with a strong risk-on tone, led by a powerful rally in Japan and South Korea. The Nikkei 225 jumped +5.4% to 62,742.57, the Kospi surged +10.9%, and the Hang Seng added +1.8%. Commodities were broadly firmer, with WTI crude up +5.0%, silver up +7.2%, and natural gas up +6.0%, while the yen strengthened modestly against the dollar and the yuan also firmed. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 12 May 2026 07:45 LONDON
Philippine senator takes refuge in Senate as ICC arrest warrant is unsealed Philippine senator takes refuge in Senate as ICC arrest warrant is unsealed

Philippine senator takes refuge in Senate as ICC arrest warrant is unsealed

A Philippine senator linked to Rodrigo Duterte's drug war has taken refuge inside the Senate after officers moved to arrest him as the International Criminal Court unsealed a warrant for his arrest.Ronald Dela Rosa was seen fleeing into the building on Monday and was later placed under protective custody.Security camera footage shown to lawmakers reportedly captured National Bureau of Investigation agents chasing Dela Rosa up stairs and along a corridor after he arrived.Police later said they would not arrest him while he remained in Senate custody.Dela Rosa is accused of the killing of at least 32 people between 2016 and... [Continue Reading]

360LiveNews 360LiveNews | 12 May 2026 07:00 LONDON
Danish high court rules Greenlandic child removal was illegal Danish high court rules Greenlandic child removal was illegal

Danish high court rules Greenlandic child removal was illegal

A Danish high court has ruled that the removal of a Greenlandic woman's newborn daughter was illegal, in a case that could affect other families separated under the same system.Keira Alexandra Kronvold's daughter, Zammi, was taken from her two hours after birth in November 2024 and placed in foster care after Kronvold underwent parental competence tests known as FKU psychometric assessments.The court found that the decision breached Kronvold's fundamental legal rights under the International Labour Organization's Indigenous and tribal peoples convention, and said the tests used to inform the removal were outdated.Zammi is now 18 months old and living with... [Continue Reading]

360LiveNews 360LiveNews | 08 May 2026 15:31 LONDON
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