Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Kospi gains as chip stocks follow U.S. peers higher.
South Korean shares rose more than 1% on Thursday. The benchmark KOSPI gained 90.60 points, or 1.38%, to 6,653.32 by 0129 GMT, rebounding from a two-week low as chipmakers tracked overnight U.S. peers.