Asian shares have retreated despite a rebound for AI stocks that lifted benchmarks on Wall Street. The Kospi in South Korea closed down 4.9% after plunging 8% earlier in the day.

Indian investors are watching as South Korean stocks reversed early gains due to concerns over high valuations in AI-linked companies. Despite this, broader Asian markets found…

Asian shares have retreated despite a rebound for AI stocks that lifted benchmarks on Wall Street. The Kospi in South Korea closed down 4.9% after plunging 8% earlier in the day.