
Asian equity markets declined on Thursday, tracking a technology-led selloff on Wall Street overnight amid lingering concerns about the sustainability of the AI-driven rally. South Korea’s KOSPI Composite, widely viewed as a barometer for the AI sector, tumbled nearly 5%, while Japan’s Nikkei 225 lost more than 1%. Benchmark indexes in China and Australia also traded lower, while Hong Kong stocks rebounded after a holiday. Regional equities remained under pressure even after Federal Reserve Chair Kevin Warsh said inflation expectations had eased over the past month, signaling there was no urgency to raise interest rates. Meanwhile, increased oil flows through the Strait of Hormuz and signs of progress in indirect US-Iran talks helped ease pressure on Asia’s oil-importing economies.

Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service






