Asian stocks today: Kospi, Nikkei fall over 2% amid ongoing US-Iran war, rising crude oil prices
Asian stocks today, July 14 -- Asian markets opened in negative territory on Tuesday, 14 July, after US President Donald Trump proposed imposing a fee on ships transiting the Strait of Hormuz and reintroduced a blockade on Iranian ports.
Japan's Nikkei 225 declined 1.17%, while the broader Topix index slipped 0.51%. South Korea's Kospi dropped 2.01%, and the small-cap Kosdaq fell 1.8%.
Australia's benchmark S&P/ASX 200 also opened lower, trading down 0.29%. Hong Kong's Hang Seng Index futures were trading at 24,158, below the index's previous closing level of 24,213.72.
The semiconductor sector remained under pressure after SK Hynix Inc.'s American depositary shares plunged 9.3%, as a sharp AI-driven selloff in South Korea extended to ...
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