BusinessPhoto: NDTV BusinessAsian Markets Fall: Kospi Drops 6%, Nikkei Down 3%
Asian technology stocks fell sharply following Wall Street's sell-off, driven by hotter US inflation data. This increased expectations of further Federal Reserve rate hikes and raised concerns about the rising costs of funding AI investments. South Korea's SK Hynix led the tech sector decline, contributing to the Kospi's 6% drop and Nikkei's 3% fall.
NDTV Business·


