BUSINESSAP NEWS
Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
Oil prices fell and Asian shares were mostly lower as South Korea’s Kospi index dropped sharply amid doubts about AI investment. Chipmaker stocks like SK Hynix declined despite reporting record profits, while U.S.-Iran tensions and reduced oil supply in the Strait of Hormuz added market pressure.
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- Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
- Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
- Asian shares slip and South Korea’s Kospi index sinks nearly 11% on heavy selling of chipmakers
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- Asian shares slip and South Korea’s Kospi index sinks 10% on heavy selling of chipmaking stocks
- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip