Circuit breakers were triggered for Japan’s TOPIX index and government bond futures, halting trading until 9:26:13 a.m. local time (8:26 p.m. EST). This intervention came as the TOPIX index extended its drop to over 6%, prompting urgent measures to stabilize the market. What Happened: The broader impact was felt across the Asia-Pacific region, with the MSCI AC Asia Pacific Index falling 2% to 173.20. Japan’s Nikkei 225 stock average plummeted 5.60% on Monday and 20% from its July peak, highlighting severe market distress. South Korea’s KOSPI index also suffered, falling 4% to 2,568.70, while N…
