Asian markets slide amid global bond rout, tech stocks tumble
Asian markets came under pressure on Wednesday, with technology and semiconductor stocks leading losses as rising global bond yields weighed on investor sentiment and prompted a pullback in U.S. technology shares.
August 19, 2026 (MLN): Asian markets came under pressure on Wednesday, with technology and semiconductor stocks leading losses as rising global bond yields weighed on investor sentiment and prompted a pullback in U.S. technology shares. South Korea’s Kospi fell 5.54%, while the Kosdaq declined 0.27%. Japan’s Nikkei 225 dropped 2.64% and the Topix lost 2.76%. Australia’s S&P/ASX 200 slipped 0.39%, while Hong Kong...