TechFlow News: On March 9, according to JINSHI Data, escalating tensions in the Middle East triggered a surge in international oil prices, plunging Asia-Pacific stock markets into a “Black Monday,” with stock indices across multiple countries opening lower and continuing to decline. South Korea’s KOSPI index plunged over 8% at one point, triggering an intraday circuit breaker. Japan’s Nikkei 225 Index fell more than 7%, Vietnam’s VN 30 Index dropped over 6%, and Australia’s S&P/ASX 200 Index and Indonesia’s Composite Index each declined more than 4%. The MSCI Asia-Pacific Index fell over 3%.
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