Tech Leads Losses as Asian Stocks Track Wall Street Selloff
Seoul’s Kospi fell more than 5% and chip stocks dropped as higher yields and oil prices pressured AI-linked shares, traders said.
4 Articles
4 Articles
Taiwan shares under pressure led by tech stocks after U.S. losses
Taipei, Aug. 19 (CNA) Shares in Taiwan fell more than 1 percent Wednesday, dragged down by the tech sector after U.S. tech stocks plunged overnight amid a spike in Treasury yields, dealers said.
Tech leads losses as Asian stocks track Wall Street selloff
HONG KONG: Technology stocks were back in the crosshairs of investors on Wednesday (Aug 19), taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reo
Hong Kong stocks decline as rising bond yields and stalemate in Iran war dent sentiment
Hong Kong stocks fell on Wednesday, as elevated US Treasury yields and a stalled diplomatic path towards resolving the Middle East conflict put investors on tenterhooks. The Hang Seng Index fell 0.5 per cent to 25,323.70 as of 9.33am local time. The Hang Seng Tech Index dropped 1.4 per cent. On…
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