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via economictimes.indiatimes.comMarkets

Asian stocks join US selloff as Kospi plunges 8.8% on AI slump

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

South Koreas tech-heavy Kospi Index slid 8.8% in early trading, triggering a circuit breaker, with chipmakers Samsung Electronics Co. and SK Hynix Inc. both plunging more than 9%. Japans benchmark Nikkei 225 Stock Average lost 6.2%, while the MSCI Asia Pacific Index declined…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishThe Kospi circuit breaker and chipmaker losses signal a sharp regional correction.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Kospi slid 8.8% in early trading, triggering a circuit breaker.
  2. 02Samsung Electronics and SK Hynix both plunged more than 9%.
  3. 03The Nikkei 225 lost 6.2% while the MSCI Asia Pacific fell 2.9%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
KOSPIINDEX:KS11Index5,141.52+3.68%today -4.50%Negative Nikkei 225INDEX:N225Index57,523.96+0.83%today -5.82%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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