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Tech rout batters South Korean, Taiwan equities; Singapore stocks hit record high
SINGAPORE: Asian stocks sank on Wednesday (Jul 29), extending a vicious selloff as anxiety about artificial intelligence (AI) valuations and whether the massive spending will deliver returns rattled investors ahead of crucial earnings from big tech firms and a United States Federal Reserve policy decision.
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swissinfo.ch
Asian Stocks Fall as Chips Slump, Oil Extends Drop: Markets Wrap
(Bloomberg) -- Asian equities declined as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers.
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bangkokpost.com
Seoul leads Asian market sell-off as tech stocks dive
HONG KONG - The Kospi in South Korea plunged 10% as tech shares took a battering on another black day for Asian stock markets, with a report of a breakthrough in China’s chip…
