Japan’s stock market has seen its worst drop since 1987, reminiscent of the infamous Black Monday.
The crash has had a ripple effect on markets across Asia and beyond.
Various industries, including the video game market, have been affected.
Companies like Nintendo, Sony, SEGA, and Capcom saw their stock values drop.
The crash was caused by fears of a US economic slowdown and the Bank of Japan’s interest rate increase.
Uncertainty in the tech sector also contributed to the market turmoil.
The impact was more severe in Japan, but other video game studios worldwide may also see declines in their stock values in the coming hours.
Gaming correspondent Emily Leaney from Team Retro joins for the latest.
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