Oil prices tick up amid doubt on Iran war ceasefire; Chinese factory gate costs increase for first time in four years

Rolling coverage of the latest economic and financial newsAsian stock markets rose overnight, with Japan’s Nikkei index and China’s CSI300 index both up by about 1.8%. The South Korean Kospi rose 1.5%, and Hong Kong’s Hang Seng nudged up 0.5%.Mohit Kumar, of the broker Jefferies, notes that markets “want to rally”.We do acknowledge that the ceasefire is fragile and risks of a short term escalation to gain an upper hand in negotiations remain. But the view that is that any dips would be a buying...