South Korea's KOSPI tanks nearly 10% to lead tech-fuelled Asia rout
Gadget-uri
Samsung and SK Hynix shed more than 12 per cent each, triggering an automatic 20-minute bourse-wide trading halt in the afternoon. SEOUL: South Korea's KOSPI collapsed 10 per cent Tuesday (Jun 23) in an Asian stock market rout that followed a tech-led sell-off on Wall Street with investors again questioning a long-running AI-fuelled boom. The rout followed a sharp drop on Wall Street, where the Nasdaq sank more than 1 per cent as market giants Amazon, Nvidia and Microsoft were sharply down.
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