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The Nexus
BUSINESSJul 29 · 03:43 UTCWDIV CLICKONDETROITAssociated Press

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

South Korea's Kospi index fell 8.2% due to investor concerns over AI-driven investments, led by a 12.6% drop in SK Hynix shares after profit forecasts were missed. Most Asian markets declined, with exceptions in Hong Kong and Australia, while oil prices rebounded and U.S. stocks showed mixed performance.

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