Japanese and South Korean stock markets both slumped and closed lower, as South Korea's financial regulatory authorities convened an emergency meeting.

According to Bitget market data, the Nikkei 225 index closed 3,318.34 points lower on Thursday, October 15, down 4.90% to 64,425.95 points. South Korea’s KOSPI index fell 454.54 points on the same day, a 7.56% drop, ending at 5,554.27 points. The benchmark index once plunged more than 9% intraday, triggering a circuit breaker for the 10th time this year. South Korea’s financial regulators convened an emergency meeting on the stock market in the afternoon, after which the market’s decline narrowe

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