South Korea's Kospi index experienced sharp losses for a third consecutive session. Heavyweight Samsung Electronics saw its share price fall significantly amid market concerns. Foreign investors became net sellers of shares, contributing to the market downturn. Other global markets also saw declines, particularly in chipmaker stocks. Despite recent losses, Kospi remains the world's best-performing major stock index.

South Korea's KOSPI plunges amid an 11-day foreign sell-off as investors brace for volatility ahead of Samsung's explosive AI earnings.

Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.