Fears of an interest rate increase has unsettled investors

(Bloomberg) -- Asian stocks declined along with US equity-index futures as enthusiasm for the artificial intelligence trade cooled after driving markets to record highs this year.

The sell-off was biggest in South Korea, where the Kospi index sank as much as 7 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Fears of an interest rate increase has unsettled investors