Selling pressure intensifies in Japanese and Korean stock markets, South Korea's KOSPI closes down over 12%

Odaily News: Turbulence in Asian stock markets intensified, with Japanese and Korean markets facing another wave of panic selling, declining for the third consecutive trading day. South Korea's KOSPI index triggered a circuit breaker during the session, closing down 12.11%—its largest single-day drop in history—to finish at 5,090.79 points. Japan's Nikkei 225 index closed down 3.61%, marking its biggest decline since April 2025. (Jin10)