US Stock Market: Suddenly, the stock markets of Japan and China in Asia crashed, find out what happened, why the US market fell.

News Topical, Digital Desk : Asian markets fell on Thursday. Investors were particularly focused on the Bank of Korea's latest policy decision, which kept interest rates on hold at 2.50%. Following this decision, South Korean markets saw a slight rise, while Japan's Nikkei fell. Meanwhile, a significant decline in the travel sector in Hong Kong pushed the market lower. US markets also remained weak for the second consecutive day.

Asian markets entered Thursday's trading session under pressure. Most focus was on South Korea's central bank policy, where the Bank of Korea (BoK) decided to keep interest rates steady at 2.50%. The BoK clearly stated that the recent weakness of the won has reduced the scope for policy easing. Following this decision, the Kospi rose 0.57%, while the Kosdaq remained almost flat. The Korean won weakened by about 0.2% to 1,466.6 per dollar. 

Two different pictures appeared in the Japanese market. The Nikkei 225 recorded a sharp decline of 1.50%, while the Topix made a slight gain of 0.15%. 

Investors' concerns are growing regarding the weakness of the yen. The Japanese yen strengthened marginally to 158.34. However, after the recent decline, the market is now keeping an eye on whether the Japanese authorities will resort to currency intervention. 

Australia and Hong Kong: Australia's S&P/ASX 200 index rose 0.46%. However, the picture in Hong Kong's market was slightly different. The Hang Seng fell 0.66%. The CSI 300 closed down 0.42%. Trip.com's stock saw the biggest movement. China's market regulatory body has launched an investigation into the company for monopolistic behavior. Following this, the stock fell 21% and was down 17.2% in the last trade, becoming Hang Seng's biggest loser. 

Toyota Industries saw a big jump . On the other hand, good news came from the Toyota Group. Toyota Motors increased its offer to acquire Toyota Industries to 18,800 yen per share. Following this announcement, Toyota Industries' shares jumped 5.8%. 

US markets also remained under pressure. In overnight trading, all three major US indexes remained weak for the second consecutive day – the S&P 500 fell 0.53% (6,926.60). The Dow Jones slipped 42.36 points (49,149.63). The Nasdaq Composite fell 1% to close at 23,471.75. The tech sector was under the most pressure. Broadcom fell 4%, while Nvidia and Micron fell more than 1%. Reports indicate that China has instructed customs agents to block the entry of Nvidia H200 chips, further dampening sentiment.

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