South Korea’s KOSPI Falls 4% as Nikkei Drops 2% Amid Global Stock Sell-Off

South Korea’s KOSPI Falls 4% as Nikkei Drops 2% Amid Global Stock Sell-Off

Japan’s Nikkei 225 closed below 49,000 points and South Korea’s KOSPI saw chip-led losses, marking their largest single-day declines since April amid worsening risk sentiment.

Fact Check
The assessment of the statement is based on the synthesis of several high-authority financial news sources reporting on the same market event.The first part of the statement, "South Korea's KOSPI index fell by 4%," is strongly supported. A Barron's article explicitly states the KOSPI dropped by "more than 4%," and a PBS News report confirms a drop of exactly "4%". These sources are consistent and credible.The second part of the statement, "Japan's Nikkei index dropped by 2%," has conflicting evidence, but the balance supports the claim. A PBS News report provides a very specific figure, stating the Nikkei fell by 2.53%. This figure is very close to the 2% mentioned in the statement and could be considered accurate when allowing for rounding. Furthermore, the summary for a primary financial data source from Yahoo Finance indicates it can be used to "verify the 2% drop." However, a CNBC article contradicts this, reporting that the Nikkei fell by "over 4%". Given the specificity of the 2.53% figure from PBS and the corroborating suggestion from the Yahoo Finance source summary, the evidence supporting a drop of around 2-2.5% is stronger than the single contradictory report.Finally, the sources confirm that these drops occurred during the same trading period. Both the Barron's and CNBC articles attribute the sell-off to "AI bubble fears" on the same Wednesday, and the PBS report explicitly states the drops happened "during the same period."In conclusion, with one part of the statement strongly confirmed and the other part reasonably supported by the most specific evidence available despite a conflict, the overall statement is considered likely true.
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Summary

Japan’s Nikkei 225 index fell 3.22% to close below 49,000 points, its biggest drop since April. South Korea’s KOSPI index slipped 3.32%, driven by sharp declines in semiconductor stocks. Both markets posted their steepest losses in months as risk sentiment weakened across Asia.

Terms & Concepts
  • KOSPI Index: A major stock market index in South Korea that tracks the performance of companies listed on the Korea Exchange.
  • Nikkei 225: Japan’s leading stock market index, comprising 225 large, publicly traded companies on the Tokyo Stock Exchange.