Asian shares decline as AI stocks tumble; South Korea's Kospi down 6.6%

Benchmarks in Japan and South Korea fell sharply as AI-related and semiconductor stocks came under pressure, overshadowing softer oil prices despite renewed US-Iran tensions

Jul 16, 2026 - 10:00
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Asian shares decline as AI stocks tumble; South Korea's Kospi down 6.6%
Benchmarks in Japan and South Korea fell sharply as AI-related and semiconductor stocks came under pressure, overshadowing softer oil prices despite renewed US-Iran tensions

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