Oil prices retreat from highs, Singapore and Asia-Pacific stock markets rebound | Lianhe Zaobao
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With global oil prices retreating, the Asia-Pacific market rebounded comprehensively on March 10. The FTSE Straits Times Index rose by 1.66%, closing at 4,835.77 points, with constituent stocks generally rising; Hongkong Land increased by 4.26%, and Wilmar rose by 4.25%. The Japanese and South Korean stock markets also recovered, with the Nikkei 225 Index up 3.58% and the KOSPI Index up 6.19%. Most other Asia-Pacific markets rose, as Brent crude oil prices fell to $89 per barrel, and West Texas Intermediate crude dropped to $85.70, marking a significant market reversal
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