Japan’s Nikkei 225 Index fell 1.7% to close at 65,269 on Tuesday, while the broader Topix Index dropped 1.83% to 4,050, ending a two-day winning streak. The yen extended its advance to its strongest level since February, weighing on earnings prospects for export-focused Japanese companies and making Japanese assets more expensive for foreign investors. Markets were positioning for an expected Bank of Japan rate hike after July wages recorded their fastest growth since 1997 and second-quarter GDP growth was revised higher. Renewed US-Iran fighting also kept elevated oil prices, inflation risks and interest-rate concerns in focus. Technology stocks led the decline, with Taiyo Yuden, Ibiden Co, Kioxia Holdings, Advantest and Fujikura among the biggest fallers.