Here are the key news summaries for traders:
1. South Korea's KOSPI index extended its decline to 3%, triggering a circuit breaker on KOSDAQ, with Samsung Electronics and SK Hynix shares falling sharply.
2. Bitcoin fell below $59,000, and US Bitcoin spot ETFs recorded their second-largest weekly net outflow of $1.79 billion, marking the seventh consecutive week of outflows.
3. UBS raised TSMC's target price from NT$3000 to NT$3400 with a "Buy" rating, anticipating continued sales growth momentum.
Korean Market Plunge, Bitcoin Outflows, and TSMC Target Boost