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Asian markets today: South Korea's Kospi crashes 8%, plunges below 5,000 | What's behind the sell-off?

NDTV ProfitAsian markets today: South Korea's Kospi crashes 8%, plunges below 5,000 | What's behind the sell-off?
Image: Mint

What the coverage says

Asian markets experienced a sharp downturn, led by South Korea's benchmark index plunging 8.5 percent in early trading according to Mint, which tied the drop to an overnight sell-off in American artificial intelligence and semiconductor stocks. NDTV Profit added that the broader regional decline pushed Japan's Nikkei 225 index down by more than 20 percent from its June peak, entering bear market territory alongside South Korea's declining index.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on Mint

Timeline

  1. NDTV Profit first reported it
  2. Economic Times reported it
  3. Mint reported it
  4. Latest update
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