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Finance & Markets

South Korea’s Kospi and Japan's Nikkei tumble more than 5% as Trump-Iran threats escalate

By CNBC · 2026-03-23
South Korea’s Kospi and Japan's Nikkei tumble more than 5% as Trump-Iran threats escalate
Why it matters: Escalating U.S.-Iran tensions are roiling Asian markets, signaling global instability's direct investment impact.
Asia-Pacific markets, including South Korea's Kospi and Japan's Nikkei, experienced significant drops exceeding 5% on Monday as investors reacted to the escalating military threats between the U.S. and Iran. The heightened geopolitical tensions in the Middle East are prompting a risk-off sentiment, impacting regional equities.

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