Asian Stocks Slump Most Since 2021
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Stock markets around the world saw big falls last week.
Stock markets around the world saw big falls last week.
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In Japan, the Nikkei 225 was trading around 6% lower, while the Topix was down more than 7%.
In Japan, the Nikkei 225 was trading around 6% lower, while the Topix was down more than 7%.
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In Taiwan, TSMC shares dropped over 6%, and South Korea's Kospi index fell by over 4%.
In Taiwan, TSMC shares dropped over 6%, and South Korea's Kospi index fell by over 4%.
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Meanwhile, the Hang Seng in Hong Kong was down by just 0.3%, and the Shanghai Stock Exchange was up a little.
Meanwhile, the Hang Seng in Hong Kong was down by just 0.3%, and the Shanghai Stock Exchange was up a little.
Asian stocks tumbled as sentiment was hit by a triple whammy of a selloff in Japanese equities, a global tech rout and signs of weakness in the US economy.