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Korean stocks surge over 4% as risk appetite returns

Korean stocks surged more than 4 percent, Tuesday, as easing Middle East tensions and an overnight rally in U.S. semiconductor shares revived risk appetite. The benchmark closed at 5,239.13, up 4.39 percent. It opened 4.55 percent higher, triggering a buy-side sidecar at 9:06 a.m, but pared some of the early gains.

Brazil Insurer Posts Record US$215M Profit

Caixa Seguridade, insurance arm of a Brazilian state bank, booked a record third-quarter profit of about US$215 million and approved US$196 million in payouts.

  • Caixa Seguridade posted record US$215 million profit in November 2026
  • Adjusted managerial profit rose 3.7% year-over-year to R$1,182.5 million
  • Home-loan insurance premiums increased 15.3%, while credit-life insurance fell 40.0%

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