Asian Markets Today: Nikkei, Kospi Slide As Tech Selloff Returns; Hang Seng Falls
• Major Asian stock indices declined on Friday as a renewed selloff in technology stocks erased gains from the previous session. • Significant losses were seen in Japan's Nikkei 225, which dropped 3.91%, and South Korea's Kospi, which tumbled 5.65%, while Hong Kong's Hang Seng fell 1.87%. • The downturn was further influenced by lower oil prices, reflecting a shift in investor sentiment regarding global supply concerns.
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