Asian Stocks Tumble and Bitcoin Retreats as China Enters Bear Market
Key Highlights: China’s benchmark CSI 300 index fell 2%, crossing the threshold into a bear market with a 20% decline from its June peak. Asian markets tumbled broadly, with Japan’s Nikkei 225 down roughly 3%, South Korea’s Kospi sinking 3.5%, and Hong Kong’s Hang Seng dropping 3%. Surging oil prices and mixed third-quarter earnings from ...