Market Turmoil in Asia

In a startling development, Asian markets experienced significant losses today. South Korea's Kospi was down by 5.85%, while Hong Kong's Hang Seng saw a dramatic decrease of 8.68%. Japan's Nikkei 225 wasn't spared either, with a loss of 5.81%.

China and Australia Follow Suit

Mainland China's markets also felt the impact, with the Shanghai Composite falling by 5.70% and the Shenzhen Composite shrinking by 7.34%. Meanwhile, Australia's S&P/ASX 200 dropped by 3.71%, rounding off a challenging day for the region's financial markets.

Currency Movements

Amidst the market chaos, the dollar traded 0.43% lower against the yen, selling for 146.35700, indicating a shift in currency dynamics as investors react to the day's events.