The Japanese and South Korean stock market has collapsed

ON 28 JULY, THE COLLECTION FELL BY 2566.27 POINTS, OR 3.95 PER CENT, BY 225 PER DAY ON 28 JULY (ON TUESDAY), REPORTING 62364.92 POINTS. THE KOREAN KOSPI INDEX FELL BY 732.12 POINTS ON JULY 28TH (ON TUESDAY), 10.84 PER CENT, OR 6023.63 POINTS, THE LARGEST DROP SINCE MARCH 4, WITH A DROP OF BETWEEN 11 AND 6,000 POINTS AT A TIME AND NEARLY 30 PER CENT THIS MONTH. SK HERCULES FELL BY OVER 14 PER CENT; SAMSUNG ELECTRONICS FELL BY OVER 13 PER CENT, THE LARGEST SINGLE-DAY DROP SINCE 24 OCTOBER 2008. KIM XIAN