The broader regional advance came after President Donald Trump warned Iran<\/a> would be bombed “at a much higher level” if it failed to agree to a peace deal.<\/p>\n The Nikkei 225 advanced 5%, led by gains in basic materials, technology and financial stocks. Shares of index heavyweight Softbank<\/a> surged more than 13%. <\/p>\n Electronics company Ibiden<\/a> was the top performer, climbing 17%, while manufacturing and metals company Mitsui Kinzoku<\/a> gained 16%. Renesas Electronics<\/a> also added 13%, and chemical and materials firm Tosoh Corporation<\/a> soared 12%. <\/p>\n The Topix also advanced 2.37%. In Australia, the\u00a0S&P\/ASX 200<\/a> rose 0.9%.<\/p>\n South Korea’s Kospi<\/a> reversed gains, falling 0.68%, while the small-cap Kosdaq Index slid 0.56%. Hong Kong’s Hang Seng index<\/a> jumped 1.47% while mainland China’s CSI 300 edged 0.38% higher.<\/p>\n Trump’s fresh threats came as reports suggested Washington and Tehran were nearing an agreement to end the war.<\/p>\n The president in a\u00a0Truth Social post<\/a>\u00a0said the U.S. military offensive known as Operation Epic Fury “will be at an end” if Iran “agrees to give what has been agreed to, which is, perhaps, a big assumption.”<\/p>\n Stock Chart IconStock chart icon If that happened, the U.S. naval blockade of Iranian ports in the Gulf of Oman would “allow the Hormuz Strait to be OPEN TO ALL, including Iran,” Trump wrote.<\/p>\n![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
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