{
  "id": 3178805,
  "title": "HK stocks slip as US goes for Iran's economic jugular",
  "url": "https://urgent.news/2026/08/25/hk-stocks-slip-as-us-goes-for-irans-economic-jugular",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T03:25:04.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1867416-20260825.htm"
  },
  "original_language": "en",
  "account": "Asian markets wavered on Tuesday as investors digested a US strategy to economically cripple Iran, while tech companies faced a tough day following a down market on Wall Street and Nvidia's upcoming earnings report. Hong Kong's Hang Seng Index started the day at 25,634, before slipping to 25,466, a 0.2% decline, amid volatility. The China Enterprises Index and tech index both opened higher but quickly turned negative. In Beijing, the Shanghai Composite fell 0.48%, while the Shenzhen and ChiNext Indices declined 0.8% and 0.84%, respectively. Tokyo's Nikkei index dropped 333 points, or 0.5%, before recovering slightly. Seoul's Kospi fell 1.89% after opening down 161 points. US Treasury Secretary Scott Bessent announced a \"economic D-Day\" on Iran, warning countries trading with Tehran of sanctions six months after the US initiated the conflict. Bessent vowed to hold everyone accountable and isolate Iran further through economic measures. The market's cautious outlook stems from Nvidia's earnings anticipation, with investors questioning if the company can meet high expectations amid elevated bond yields. Other tech firms, such as Salesforce and Marvell, are also under scrutiny.",
  "summary": "Asian stocks fluctuated on Tuesday as investors assess a US plan for the \"economic asphyxiation\" of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia. In Hong Kong, the benchmark Hang Seng Index opened up 116 points, or 0.46 percent, at 25,634 before reversing direction to be 50 points, or 0.2 percent, down at 25,466 at one…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?",
        "url": "https://urgent.news/2026/08/25/oil-price-today-august-25-crude-oil-at-92-as-investors-digest-us",
        "published": "2026-08-25T02:08:39.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Oil prices steady as markets await US sanctions on Iran",
        "url": "https://urgent.news/2026/08/25/oil-prices-steady-as-markets-await-us-sanctions-on-iran",
        "published": "2026-08-25T03:12:28.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Crude oil price: Crude oil futures gain as markets analyse impact of US sanctions on Iran",
        "url": "https://urgent.news/2026/08/25/crude-oil-price-crude-oil-futures-gain-as-markets-analyse-impact-of",
        "published": "2026-08-25T04:47:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}