
Asian stock markets lost more than $700 billion in value during a broad sell-off led by chip and technology stocks. South Korea’s KOSPI fell as much as 8%, triggering a 20-minute trading halt, while markets in Japan, Taiwan, and China also declined. The sell-off highlights growing pressure on regional equity markets, with the KOSPI now down 21% from its record high. Investors will watch whether market volatility continues and if further trading safeguards are triggered.
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