international
Read Original Source (Finance)

Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street

Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street

Asian shares were mostly lower and South Korea’s Kospi dropped more than 4% on Thursday following declines for some Big Tech giants including memory chipmaker SK Hynix. Oil prices held steady, with Brent crude trading near $79 a barrel. Uncertainty about the direction of the U.S. war with Iran is still overhanging mark

Asian shares were mostly lower and South Korea’s Kospi dropped more than 4% on Thursday following declines for some Big Tech giants including memory chipmaker SK Hynix. Oil prices held steady, with Brent crude trading near $79 a barrel. Uncertainty about the direction of the U.S. war with Iran is still overhanging markets despite hopes for a reopening of the Strait of Hormuz.