Dossier
South Korean markets
Coverage of South Korean markets in the Nexus archive.
- Asian shares sink, with Tokyo down nearly 5% as slumping AI stocks drag world markets lower
Asian shares fell sharply on Friday, with Tokyo's Nikkei 225 dropping nearly 5% due to heavy selling of AI-related stocks like computer chipmakers. Taiwanese shares also declined over 5%, driven by concerns over unsustainable demand for AI hardware. U.S. markets saw mixed results, with the S&P 500 and Nasdaq losing ground despite better-than-expected corporate earnings.