Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%

Global markets traded cautiously as renewed conflict in the Middle East and weakness in technology shares dampened sentiment.

(Bloomberg) -- Asian equities dropped for a third day as a selloff in tech shares gathered momentum and a robust US jobs report fueled expectations for an interest-rate hike by…

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…

Asian stocks fell as the AI rally cooled, oil prices surged on Middle East tensions, and stronger US jobs data fueled interest rate concerns.