South Korea's Kospi share index falls 6% and other Asian shares are mixed as oil prices surge | Nation & World
• South Korea's Kospi share index plummeted 6% on Wednesday due to prolonged selling of chipmaking stocks, while Taiwan's Taiex also dropped 3.8%. • Other Asian markets showed mixed results, with Hong Kong's Hang Seng gaining 1.8% to 25,762.80 and the Shanghai Composite rising 0.4% to close at 3,830.02. • The market volatility coincided with a surge in oil prices, which jumped more than 3% early in the day.
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