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Shares fall in Asia, with Kospi down 5.2%, while oil prices jump
Asian shares declined on Wednesday, led by South Korea’s Kospi which dropped 5.2%, while tech stocks continued to fall. Broader market jitters were fueled by concerns over high valuations in AI-related sectors and rising oil prices. Brent crude surged 0.9% to $91.83 per barrel, contributing to worries about inflation and bond yields.
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- Shares fall in Asia, with Kospi down 5.2%, while oil prices jump
- Shares fall in Asia, with Kospi down 5.2%, while oil prices jump
- Shares fall in Asia, with Kospi down 5.2%, while oil prices jump
- Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
- South Korea's Kospi share index falls 6% and other Asian shares are mixed as oil prices surge
- Asian shares drop, with South Korea’s Kospi down more than 5%