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  • Tokyo, Japan
    Friday Oct 3, 1997

    Nintendo

    Gunpei Yokoi Car Crash

    Tokyo, Japan
    Friday Oct 3, 1997

    On 4 October 1997, famed Nintendo developer Gunpei Yokoi died in a car crash. In 1997, Nintendo released the SNS-101 (called Super Famicom Jr. in Japan), a smaller redesigned version of the Super Nintendo Entertainment System.




  • Hong Kong
    Monday Oct 20, 1997

    1997 Asian financial crisis

    Stock markets became more and more volatile

    Hong Kong
    Monday Oct 20, 1997

    Stock markets became more and more volatile; between 20 and 23 October the Hang Seng Index dropped 23%.




  • Hong Kong
    Thursday Oct 23, 1997

    1997 Asian financial crisis

    Interest rates raised

    Hong Kong
    Thursday Oct 23, 1997

    The Hong Kong Monetary Authority then promised to protect the currency. On 23 October 1997, it raised overnight interest rates from 8% to 23%, and at one point to '280%'.




  • Los Angeles, California, U.S.
    Friday Oct 24, 1997

    Eminem

    1997 Rap Olympics

    Los Angeles, California, U.S.
    Friday Oct 24, 1997

    Eminem went to Los Angeles to compete in the 1997 Rap Olympics, an annual, nationwide battle rap competition. He placed second, and Interscope Records staff in attendance sent a copy of the Slim Shady EP to company CEO Jimmy Iovine.




  • U.S.
    Monday Oct 27, 1997

    1997 Asian financial crisis

    27 October 1997 mini-crash

    U.S.
    Monday Oct 27, 1997

    The crisis led to a drop in consumer and spending confidence (see 27 October 1997 mini-crash). Indirect effects included the dot-com bubble, and years later the housing bubble and the subprime mortgage crisis.




  • U.S.
    Monday Oct 27, 1997

    1997 Asian financial crisis

    Dow Jones industrial plunged 554 points or 7.2%

    U.S.
    Monday Oct 27, 1997

    On 27 October 1997, the Dow Jones industrial plunged 554 points or 7.2%, amid ongoing worries about the Asian economies.




  • Vietnam
    Friday Oct 31, 1997

    Disasters with highest death tolls

    Tropical Storm Linda (1997)

    Vietnam
    Friday Oct 31, 1997

    Severe Tropical Storm Linda, also known as Typhoon Linda, Cyclonic Storm BOB 08, or in the Philippines as Tropical Depression Openg, was the worst typhoon in southern Vietnam in at least 100 years, killing thousands of people and leaving extensive damage. It formed on October 31, 1997 in the South China Sea, between Indochina and the Philippines.


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