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Markets

Asian Markets Lose $1.2 Trillion After Thursday's US Bloodbath

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Asian stock markets lost more than $1.2 trillion in value on Friday. The rout followed a brutal US tech selloff that erased roughly $3 trillion. Investors now wonder whether the AI boom is losing steam or simply undergoing a painful correction. Are All Four Major Asian Markets Now Stuck in a Bear Market? A bear market occurs when an index falls at least 20% from its recent peak. It usually signals deep investor pessimism. Now, all four major Asian benchmarks sit in that zone. The Nikkei, Kospi , TAIEX, and Hang Seng trade between 22% and 48% below their records. On Friday alone, the Nikkei fell about 6%, its deepest drop since April 2025. Moreover, Taiwan’s 12.2% weekly decline was its biggest since 1991.

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