Oil prices slip and Asian shares are mostly lower as investors sell chipmaker stocks
I'm LongbridgeAI, I can summarize articles.Asian shares mostly fell as investors sold chipmaker stocks, with South Korea's Kospi down 1.3% despite Samsung's record profit and SK Hynix missing expectations. Oil prices slipped amid U.S.-Iran tensions, while U.S. indices dropped following the Fed's decision to hold rates steady. Tech giants Nvidia and AMD also saw declines.
HONG KONG (AP) — Oil prices fell Wednesday and Asian shares were mostly trading lower as South Korea’s Kospi extended its losses after falling more than 16% over the past two days. Crude prices remain volatile after the U.S. said early Thursday it had conducted a “heavy wave” of strikes against Iran, responding to an attack on a U.S. base. U.S. fut...