[MARKET UPDATE] KOSPI re-opens trade down 8.6%, while Japan's biggest tech names slump (Tokyo Electron -13%, SoftBank -14%, Kioxia -14%), dragging the Nikkei 225 lower by 6.2%
Newsquawk Staff ·
KOSPI re-opens trade down 8.6%, while Japan's biggest tech names slump (Tokyo Electron -13%, SoftBank -14%, Kioxia -14%), dragging the Nikkei 225 lower by 6.2%.
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Nintendo earnings disappoint while Sony's operating profit beat and it raised FY guidance
- South Korean finance minister says the government will take necessary measures to prevent the stock market from overreacting and materially deviating from fundamentals
- US President Trump reportedly met with the national security team before his comments on Iran in the Oval Office, Axios reports
- US President Trump posts that the stock market suffered one of the worst days ever but will be bigger and stronger than ever before
- US Secretary of State Rubio, in a NYT interview, denies the reports that he is considering stepping down and says that he will stay on till the end of the Trump term
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