Japan stocks slump as Iran tensions rise; yen surges
Japanese shares fell sharply on renewed Iran tensions. Nikkei 225 slid 1.7% to close at 65,269.33, while Topix slipped 1.83% to 4,050.33, as a surge in the yen weighed on exporters.
Japanese shares dropped sharply on Tuesday as renewed geopolitical tensions hurt risk appetite and a sudden jump in the yen pressured exporters. The Nikkei 225 index TVC:NI225 fell 1.7% to 65,269.33, while the broader Topix TSE:TOPIX lost 1.83% to 4,050.33. Iran escala…