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

K-LinePoet · 2026-03-09T12:46:21+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

2026-03-09 12:46:21

Abstract generation in progress

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

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

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

Crude oil prices surged further, with Brent crude up more than 15% at the time of reporting.

In the Middle East, Iran’s Supreme Leader was elected, with Hamedani’s son chosen as the new leader. Trump threatened that Iran’s new appointee “must get our approval,” or “he won’t last long.”

On the 8th, the Israel Defense Forces announced they will “pursue” the successor to the late Iranian Supreme Leader Khamenei.

An IDF spokesperson posted on social media in Persian that the Iranian regime “is trying to reorganize internally,” 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 the 9th, Iran’s Islamic Revolutionary Guard Corps Public Relations announced that the “Real Commitment 4” operation had begun on the evening of the 8th. The operation used “Khoramshahr-4,” “Fateh,” and “Hibar Shakan” missiles, as well as drones, successfully striking U.S. military bases in the region and targets in northern Israel.

According to Iranian sources, earlier, under the leadership of the new Supreme Leader Moojtaaba Khamenei, Iran launched its first wave of missile attacks against Israel.

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