Major Asian stock markets suffered steep declines, with Japan’s Nikkei 225 tumbling below 60,000 points for the first time since May, while South Korea’s Kospi index dropped under 5,000 points. The sharp sell-off has been described as "complete carnage," reflecting deep investor concerns amid ongoing economic and market volatility. Analysts warn the downturn could signal broader instability in regional financial markets. Traders are closely monitoring whether further losses will trigger wider economic repercussions.
‘Complete carnage’ as Nikkei 225 falls below 60,000 points for first time since May with Seoul’s Kospi under 5,000 points
