[MARKET UPDATE] Asia-Pac stocks begin mostly lower with peace talks in Islamabad on hold, while US President Trump announced to extend the ceasefire until discussions conclude but will maintain the naval blockade in Hormuz

Asia-Pacific stocks opening lower reflects market caution as peace talks in Islamabad are stalled. Trump's announcement of a ceasefire extension, paired with the maintenance of the naval blockade in Hormuz, suggests ongoing tensions that could impact energy prices and broader risk sentiment, particularly in forex and equities.