Japan's Nikkei slumps as yen rallies, machine orders fall; Greenland woes weigh

Japan's Nikkei share average fell 1.4% to 53,159.31, marking a third consecutive day of decline, influenced by geopolitical tensions and disappointing economic data. The yen strengthened against the dollar amid U.S. tariff threats, while Japanese machinery orders dropped 11% month-on-month. Semiconductor and auto stocks, previously driving gains, saw significant declines. The market anticipates a pivotal week with a snap election and central bank policy meeting ahead. Notable losers included Sumitomo Pharma and Sumitomo Chemical, while Aeon and Ajinomoto were among the few gainers.