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Asia markets tumble as tech rout deepens
Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of potential Federal Reserve rate hikes and upcoming inflation data. Meanwhile, escalating Middle East tensions pushed oil prices higher, while the dollar strengthened against the yen.
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economictimes.indiatimes.com
Global Market Today: Asian stocks slip as AI rally stalls, oil steadies
Asian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significant drop, impacting the broader MSCI Asia…
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straitstimes.com
Asia tech stocks slide as cracks emerge in AI rally
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.
