Japanese stocks plummeted 3,500 points! Korean stocks dropped over 7%! Middle East, latest!

K-LinePoet · 2026-03-24T13:28:21+00:00

Japan and South Korea stock markets open lower, with the Nikkei 225 index down over 6% and the Korea Composite Index down over 7%. Gold and silver prices decline, while crude oil surges over 15%. Tensions in the Middle East escalate, with Israel threatening Iran's newly appointed Supreme Leader, and Iran launching missile attacks on Israel and U.S. military bases.

K-LinePoet

2026-03-24 13:28:21

Abstract generation in progress

Early morning (March 9), stock markets in Japan and South Korea open lower across the board.

As of press time, the Nikkei 225 index has fallen over 6%, down more than 3,500 points, the Korea Composite Stock Price Index (KOSPI) has dropped over 7%, Samsung Electronics and SK Hynix have fallen more than 9%, and Hyundai Motor is down nearly 10%.

Gold and silver prices continue to decline, with spot gold down over 2% and silver dropping more than 4% as of press time.

Crude oil prices continue to surge, with Brent crude up more than 15% at the time of reporting.

In the Middle East, Iran’s Supreme Leader has been succeeded by the son of Ayatollah Khamenei. Former U.S. President Donald Trump threatened that Iran’s newly appointed leader “must get our approval,” or “he won’t last long.”

On March 8, the Israel Defense Forces announced that they will “pursue” the successor of Iran’s late Supreme Leader Khamenei.

An IDF spokesperson posted on social media in Persian that the Iranian regime “is trying to reorganize internal order” and is electing a new Supreme Leader. “We want to tell everyone that Israel will continue to hunt down any successor and anyone attempting to appoint a successor.”

Early morning on March 9, Iran’s Islamic Revolutionary Guard Corps Public Relations announced that the “Real Commitment 4” operation had begun on the evening of March 8. The operation used “Khoramshahr-4,” “Fateh,” and “Haybar Shakan” missiles, as well as drones, successfully striking U.S. military base

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