South Korea's Kospi index briefly fell as much as 3.2% following news that Samsung Electronics had failed to reach a wage agreement with a labor union, but later recovered to close at a record high of 7,844.01 points, up 2.63% (200.86 points), thanks to government efforts to control the situation. The country's stock market has surged in recent weeks, setting record highs driven by AI.
Japan's Nikkei 225 index closed up 0.8% at 63,272.11 points. In China, Hong Kong's Hang Seng index rose 0.2% to 26,388.44 points, while the Shanghai Composite index gained 0.7% to 4,242.57 points.
Regarding the Middle East peace negotiations, Iran's chief negotiator said on May 12 that the US must accept Iran's latest proposal or face defeat, after US President Donald Trump warned that the ceasefire between the two countries was in danger of collapsing. Both sides have refused to compromise and have repeatedly threatened to continue attacks, although neither may be prepared for an all-out war.
Meanwhile, regarding the meeting between Trump and Chinese President Xi Jinping this week, investors are skeptical that the two sides will reach a breakthrough agreement to reset bilateral relations.
Regarding the US economy , consumer inflation in April 2026 saw its sharpest increase in three years. This raises the likelihood that the Federal Reserve (Fed) will raise interest rates sooner than expected. According to the Chicago Mercantile Exchange's FedWatch tool, markets have almost ruled out the possibility of a Fed rate cut this year, while the probability of a rate hike of at least 25 basis points at the December meeting has risen to over 35% from below 22% earlier this week.
On the same day, in the Vietnamese market, the VN-Index decreased by 2.73 points (0.14%), to 1,898.37 points. Meanwhile, the HNX-Index increased by 1.34 points (0.53%), to 254.62 points.
Source: https://baotintuc.vn/thi-truong-tien-te/chung-khoan-chau-a-phuc-hoi-sau-dot-ban-thao-20260513163424272.htm
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