Claim: The South Korean stock market experienced its single worst month in history, worse than the 2008 financial crisis and the 1997 Asian crisis.
Verdict: Correct (85% confidence)
Explanation: According to emeraldbook.org, the KOSPI index plunged 44% in a single month, marking the worst monthly performance in its history. Beincrypto.com confirms that the KOSPI's decline in July was more than 33%, surpassing the losses during the 1997 Asian crisis and the 2008 financial crisis. Finance.yahoo.com also reports that the KOSPI's 22% drop in July was its worst monthly decline since the 2008 global financial crisis. These sources consistently support the claim that the recent decline was unp...