Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose…

Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose…

Tokyo and Taipei led losses on a glum day for Asian markets Friday, with tech firms once again in the crosshairs as investors cash in following this year's breathtaking rally.

Asian shares have skidded, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares drag markets lower.

Japan’s Nikkei and Taiwan’s Taiex sank as much as 4 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Japan’s Nikkei plunged 4.9 per cent while Taiwan’s Taiex sank 5.1 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

Technology stocks have come under pressure in recent weeks as investors increasingly question whether this year’s blistering AI-driven rally has run too far, too fast

Investors pull away from shares in companies that have led markets higher this year

Asian equities tumbled in red on Friday as concerns over artificial intelligence led stocks deepened, with Japan and Taiwan recording the sharpest declines. Additionally, growing…

Global stocks fell $1.3T as AI trade reverses, impacting tech stocks. Market signals show a 97% NO on a rebound in tech by year-end.