Trump Cancels US-Iran Peace Talks; Oil Prices Rebound, Asian Stocks Mixed
Former U.S. President Trump canceled dispatching an envoy for peace talks with Iran over the weekend, causing international oil prices to rebound and Asian stock markets to show mixed performance. However, Intel's strong earnings forecast boosted AI-related tech stocks, driving some markets.
📋 Article Processing Timeline
- 📰 Published: April 27, 2026 at 19:25
- 🔍 Collected: April 27, 2026 at 19:31 (6 min after Published)
- 🤖 AI Analyzed: April 27, 2026 at 22:36 (3h 4m after Collected)
Central News Agency
(Central News Agency, Hong Kong, 27th, comprehensive foreign wire report) U.S. President Trump canceled plans over the weekend to send a special envoy to Pakistan for peace talks with Iran, preventing the two sides from moving closer to ending their 8-week conflict. International oil prices rebounded today, and Asian stock markets closed with mixed performances.
Agence France-Presse reported that hopes for a new round of talks between the U.S. and Iran to make progress towards peace were dashed when Trump stated on the 25th that there was no point in them just "sitting there talking."
Trump told Fox News, "I told my team: 'We have all the cards, and they can call us anytime. But if you're flying 18 hours (to the negotiation venue) just to sit there and talk, you don't have to go.'"
However, Trump also told reporters that a few minutes after he decided to cancel sending negotiators, Iran presented a new revised proposal.
International oil prices rose by over 2% today, but the gains were pared down due to continued optimism that the U.S. and Iran could eventually reach a peace agreement.
Asian stock markets, however, showed mixed movements. Tokyo shares closed up 1.4%, while Seoul and Taipei markets also rose, boosted by robust earnings forecasts from U.S. chip giant Intel, which fueled a rally in AI-driven technology stocks.
Shanghai stocks also closed 0.2% higher, and Bangkok also saw gains. However, Hong Kong shares fell 0.2%, and Sydney, Singapore, Manila, and Jakarta markets also closed lower.
Investors this week will be watching for earnings reports from several major U.S. technology companies, including Google parent company Alphabet, Facebook parent company Meta, Microsoft, Amazon, and Apple, as well as the Federal Reserve's monetary policy meeting, which is expected to keep interest rates unchanged. (Compiler: Chang Cheng-chien) 1150427
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(Central News Agency, Hong Kong, 27th, comprehensive foreign wire report) U.S. President Trump canceled plans over the weekend to send a special envoy to Pakistan for peace talks with Iran, preventing the two sides from moving closer to ending their 8-week conflict. International oil prices rebounded today, and Asian stock markets closed with mixed performances.
Agence France-Presse reported that hopes for a new round of talks between the U.S. and Iran to make progress towards peace were dashed when Trump stated on the 25th that there was no point in them just "sitting there talking."
Trump told Fox News, "I told my team: 'We have all the cards, and they can call us anytime. But if you're flying 18 hours (to the negotiation venue) just to sit there and talk, you don't have to go.'"
However, Trump also told reporters that a few minutes after he decided to cancel sending negotiators, Iran presented a new revised proposal.
International oil prices rose by over 2% today, but the gains were pared down due to continued optimism that the U.S. and Iran could eventually reach a peace agreement.
Asian stock markets, however, showed mixed movements. Tokyo shares closed up 1.4%, while Seoul and Taipei markets also rose, boosted by robust earnings forecasts from U.S. chip giant Intel, which fueled a rally in AI-driven technology stocks.
Shanghai stocks also closed 0.2% higher, and Bangkok also saw gains. However, Hong Kong shares fell 0.2%, and Sydney, Singapore, Manila, and Jakarta markets also closed lower.
Investors this week will be watching for earnings reports from several major U.S. technology companies, including Google parent company Alphabet, Facebook parent company Meta, Microsoft, Amazon, and Apple, as well as the Federal Reserve's monetary policy meeting, which is expected to keep interest rates unchanged. (Compiler: Chang Cheng-chien) 1150427
Choose to stand with facts, every sponsorship you make is a force guarding press freedom.
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The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.