Japan, Korea stocks fall 3% amid talk of Iran ground war
Markets
Nikkei average reaches correction territory; Tokyo threatens yen intervention
Japan’s Nikkei Stock Average closed down 2.8% at 51,885.85 on Monday amid growing concern about a protracted U.S.-Israel war with Iran. (Photo by Akitoshi Sugiura)
JADA NAGUMO
March 30, 2026 09:58 JST
Updated on March 30, 2026 16:28 JST
TOKYO — Stocks in Japan and South Korea plunged on Monday, amid reports of possible U.S. ground operations against Iran, in a war now in its second month that has kept Persian Gulf oil supplies severely disrupted.
