South Korean shares head for second weekly loss as AI stock selloff bites
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Friday and were poised to log a second weekly loss as a selloff in AI-related shares drove investors into safer assets globally. The won strengthened, while the benchmark bond yiel...
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Friday and were poised to log a second weekly loss as a selloff in AI-related shares drove investors into safer assets globally. The won strengthened, while the benchmark bond yield fell. The benchmark KOSPI was down 118.59 points, or 2.14%, at 5,415.18 as of 01:38 GMT. The tech-heavy Nasdaq slid more than 1% on Thursday as growth stocks...