Asian Stocks Crumble After AI Rout Rocks US Markets
Asian tech-heavy markets fell sharply as concerns about regulatory scrutiny and a slowdown in AI investment followed a steep US stock-market decline. South Korea’s KOSPI fell more than 8%, triggering a trading halt.
By Ankur BanerjeeAsia's tech-heavy markets crumbled on Friday as fear of increased regulatory scrutiny and a slowdown in AI build-out unleashed the steepest decline in US stocks since the tariff-triggered "Liberation Day" rout in April 2025.South Korea's KOSPI KRX:KOSPI fell more than 8% to trigger…