Asian stocks today, June 29 -- Asian markets traded mixed on Monday, 29 June, as investors remained focused on the latest developments in the US-Iran war.

Japan's Nikkei 225 declined 1%, while the broader Topix advanced 0.43%. South Korea's Kospi fell 3% at the open, whereas the small-cap Kosdaq gained 0.97%. Meanwhile, Australia's S&P/ASX 200 edged up 0.41%.

The US launched strikes on Iranian military targets over the weekend in response to Tehran's attacks along the Strait of Hormuz. Following the strikes, President Donald Trump warned of severe retaliation against Iran, stating in a Truth Social post that the US would "annihilate" the country if hostilities escalated further.

"United States aircraft just struck Iranian missile and d...