Japanese Shares Fall on Middle East Conflict
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Japanese shares fell as the Nikkei 225 Index dropped 2% to around 57,500 due to escalating Middle East conflict, including military strikes by the US and Israel on Iran, which resulted in the death of Iran’s Supreme Leader. This raised concerns of a broader conflict and led to risk-off sentiment in financial markets. The decline also reflected losses on Wall Street, despite the Nikkei's strong performance in February, where it rose 10.4% amid global investor interest in Asian companies benefiting from AI infrastructure.
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