Asian stocks today: South Korea's Kospi falls 5%, Japan's Nikkei 225 plunges 2% over AI concerns
• Asian markets experienced a sharp downturn, with South Korea's Kospi plunging 5.36% at the open and Japan's Nikkei 225 declining 2%. • The volatility in South Korea was severe enough to trigger a five-minute trading halt by the Korea Exchange, while Australia's S&P/ASX 200 slipped 0.59%. • The sell-off is driven by growing concerns over AI and a 6.3% plunge in a key U.S. semiconductor stocks gauge, extending cautious sentiment from Wall Street.
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