Both Japanese and South Korean stock markets fell, with the KOSPI index dropping 4% intraday.

According to Odaily, data from Gate shows that South Korea's KOSPI index fell 4% intraday, breaking below the 5800-point mark and currently standing at 5781.28 points. SK Hynix fell nearly 8%, while Samsung Electronics dropped over 3%. The Nikkei 225 index fell 1% intraday.