Nikkei, Kospi Plunge on Tech Rout; Kospi Trading Halted
Published 3 d ago6 sourcesEvidence: Reported
The South Korean benchmark index plunged over 8%, triggering a 20-minute trading halt in Seoul, as investors grew concerned about a potential bursting of the AI bubble and rising oil prices. The sell-off reflects broader market anxiety over tech valuations and energy costs, though the exact trigger remains unclear. This marks a significant risk-off event in Asian markets, potentially signaling contagion to global equities.
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