An Asian tech rout pushed the MSCI emerging markets index down 3.6%, its largest
one-day drop since end-June and its weakest level since April, as of 1600
Beijing time. A pullback in oil prices limited spillover, helping European
equities and currencies avoid deeper losses. South Korea's market saw multiple
trading halts as chip weakness spread across sectors; the KOSPI tumbled about
11%, with Samsung Electronics and SK Hynix each off more than 13%.
