(Bloomberg) -- A selloff in technology stocks gathered pace as the artificial-intelligence trade unwound, dragging down shares of major chipmakers after a blistering rally. Oil climbed after Iran fired missiles at Israel.

Korean stocks opened sharply lower Friday as investors took a breather following a recent rally in tech shares amid uncertainty over the U.S.-Iran...

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.

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…