Asian Stock Markets Lose Over $800 Billion as Tech Selloff Accelerates

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The post Asian Stock Markets Lose Over $800 Billion as Tech Selloff Accelerates appeared first on Coinpedia Fintech News

Asian stock markets lost more than $800 billion in value within hours as a broad technology-led selloff swept the region. South Korea’s KOSPI plunged 8.2%, erasing about $426 billion in market value, while Japan’s Nikkei fell 2.8%, wiping out roughly $217 billion. Taiwan’s stock market declined 3.5%, cutting around $154 billion from valuations. The sharp …