South Korea shares fall as Asian stocks decline, tracking US chip losses
Businesstimes News·
- Asian stocks declined, tracking Wall Street losses driven by a drop in US chipmakers ahead of the earnings season.
- South Korean equities slipped over 3 per cent, while SK Hynix shares fell nearly 4 per cent following memory chip developments by a Chinese rival.
- Investors monitored upcoming US corporate earnings, inflation data, and Federal Reserve policy expectations amid easing enthusiasm for artificial intelligence.
