Asian Stocks Slide 10% From June Peak to Head for Correction
Asian stocks slumped, putting the regional benchmark on course for a technical correction, as a selloff in chipmakers deepened.
KOSPI Crashes Over 10% in Chip Rout
- Bourse operator issues circuit breaker for KOSPI on sharp fall Korea Times —
- AI stock sell-off continues as investors dump chipmakers Financial Times —
- (2nd LD) Seoul shares crash over 10 pct on heavy tech selloff amid AI skepticism Yonhap News Agency —
- World shares are mixed, while South Koreaβs Kospi sinks nearly 11% on heavy selling of chipmakers The Philadelphia Inquirer —
- Chip stocks are in freefall from Seoul to Wall Street. Amazon, Meta, and Microsoft report this week Quartz —