[MARKET UPDATE] South Korea's KOSPI falls further, taking the drop since February's high to 20%, entering a bear market

The continued decline of South Korea's KOSPI, now down 20% from its February peak, signals a significant downturn that may reflect broader economic concerns or geopolitical tensions affecting investor sentiment. This bear market could influence regional risk appetite and may drive safe-haven flows toward currencies like the USD or JPY, which would be particularly relevant for traders engaged in Asian markets.