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BUSINESSJul 29 · 03:55 UTCWPLG LOCAL 10 MIAMIAssociated Press

South Korea's Kospi share index falls 8%, other Asian shares are also mostly lower

South Korea's Kospi share index fell 8% due to prolonged selling of chipmaking shares, led by a 12.6% drop in SK Hynix after its quarterly profit missed analysts' forecasts. Other Asian markets, including Japan's Nikkei 225, Taiwan's Taiex, and China's Shanghai Composite, also declined.

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