Asian markets in freefall: South Korea’s Kospi, Kosdaq slump 12%, trigger circuit breakers on US-Iran war jitters
South Korean markets crashed on Wednesday, in line with a sell-off in other Asian markets, with the benchmark indices, Kospi and Kosdaq hitting lower circuit limits, as the escalating war in the Middle East rattled investors globally. Extending a steep sell-off from the previous session, South Korea’s Kospi index tumbled more than 12%, which followed…