Image: BigGo FinanceAsia Stock Rout Deepens: South Korea Triggers Circuit Breaker Again, Taiwan Drops Below 40,500; Memory and Chip Equipment Stocks Crater — BigGo Finance
• Asia-Pacific markets experienced a stark divide on July 29, with South Korea's KOSPI plunging over 5% and triggering a circuit breaker. • The sell-off was driven by a crash in memory and chip equipment stocks, while Taiwan's market dropped below the 40,500 level. • Conversely, several regional markets hit record highs, including Singapore's Straits Times Index at 5,640 points and New Zealand's NZX 50 at 13,991 points.
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