BUSINESSWPLG LOCAL 10 MIAMI
Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
Asian shares declined, with South Korea's Kospi falling 6.6% due to a Bank of Korea rate hike and AI-related stock selling. Oil prices dipped amid U.S.-Iran tensions, while U.S. futures rose and Hong Kong's Hang Seng gained 1.7%. Key tech companies like SK Hynix and Kioxia saw significant losses.
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- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
- Asian shares mostly decline with South Korea’s Kospi down 6.6%, while oil prices slip
- Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower
- Asian shares rise after rally on Wall Street as data show US inflation slowing
- Asian shares rise after rally on Wall Street as data show US inflation slowing
- SK Hynix shares plunge 10% as Asia sees tech rout, tracking U.S. chip losses