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Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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KOSPI Plunges 243 Points in 30 Minutes on September 3, BOJ Interest Rate Hike Sparked Yen Carry-Trade Unwind Fears

According to South Korea Exchange, KOSPI experienced severe intraday volatility on September 3 afternoon, swinging 243.48 points. The index rallied 1.83% in early trading, then plunged 1.88% around 2:28 PM, dropping from 6,645.41 to 6,439.49 within 30 minutes, before recovering to close at 6,579.48, up 0.26%. Japan's 10-year government bond yield surged above 3% for the first time in 30 years, with reports suggesting the Bank of Japan may hike its policy rate by 50 basis points in September. Asi
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