Woori prices tight

The country is facing a myriad of difficulties as the war in the Middle East remains unresolved, with the IMF watching closely.

The oil price has surged to $82 a barrel amid disruption in the Strait of Hormuz as Iran responds with multiple missiles across the Middle East after the US and Israel launched strikes on Iran over the weekend; the UAE has closed its stock markets for two days.

Japan's borrowing costs hit a 30-year high after the US Fed chair used more hawkish rhetoric; oil prices are up again as hostilities resume in the Middle East.

As oil moves above $115 a barrel, Apac governments are scrambling to reduce energy demand as the OECD sees US inflation rising to 4.2% this year. Markets are bracing for more turmoil as the war escalates with the Houthis joining the fight.

The Industrial Bank of Korea closes the gap with the Korean Development Bank.

Hong Kong rail operator returns to the international bond markets for the first time since November 2000.