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BUSINESSJul 16 · 05:13 UTCWDIV CLICKONDETROITChan Ho-Him, Associated Press

Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip

Asian shares mostly declined, with South Korea's Kospi dropping 6.6% due to an interest rate hike and AI-related stock selling. Oil prices slipped amid U.S.-Iran tensions, while Hong Kong's Hang Seng rose. U.S. futures increased as inflation data and strong earnings supported Wall Street.

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