Asian tech stocks sink

Asian tech stocks are experiencing a significant downturn as the Nikkei 225 plunged below 60,000 points for the first time since May, and Seoul’s Kospi dipped under 5,000 points. This sharp decline is termed as "complete carnage" and signals a major shake-up in the region’s financial markets. The drop reflects broader investor concerns about economic growth, tech sector valuations, and global economic uncertainties. This shakeup underscores the vulnerability of tech-heavy markets to both domestic and international economic shifts.