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Asia markets tumble as tech rout deepens
Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of potential Federal Reserve rate hikes and upcoming inflation data. Meanwhile, escalating Middle East tensions pushed oil prices higher, while the dollar strengthened against the yen.
Asian Markets Today: South Korea's Kospi Slides Over 6% As Tech Stocks Track Wall Street Selloff; Middle East Risks in Focus
South Korea's Kospi dropped 6.29%, making it the worst-performing major market in Asia. Japan's Nikkei 225 fell 1.34%, while Australia's ASX 200 lost 0.51%.
Asian markets today: Nikkei 225, Kospi fall up to 2% on renewed US-Iran war in the Middle East
Asian markets today: South Korea's Kospi dropped 1.25%, while the small-cap Kosdaq surged more than 3.83% as trading resumed following a public holiday.
Asian Markets Today: Japan's Nikkei Hits Record High Despite Middle East Tensions
The Nikkei 225 rose 0.91%, while the broader Topix gained 0.93%. South Korean markets remained shut for a public holiday.
Asian Hotels (West) reports consolidated net profit of Rs 10.83 crore in the March 2026 quarter
Sales rise 5.86% to Rs 121.50 crore
Asian markets spring higher over Iran Trump's comments on deal
Asian stocks rebound on easing Middle East fears, MSCI Asia Pacific up 1.2%, Nikkei 225 up 3%, Samsung jumps 7%, Nvidia falls on sales outlook, Brent crude hovers near $105.60
Gold Steadies as Investors Track War Stalemate and Stock Moves
Gold was little changed following a modest two-day gain, as investors assessed the deadlock in the Middle East conflict, and swings in Asian stock markets ahead of a key US inflation report.
Asian Markets On May 6: South Korea's Kospi Crosses 7,000 For First Time On Easing Middle East Tensions
Asian markets today: Wall Street rally, lower oil prices and chip stock gains support Asian markets today.
HSBC downgrades Indian stocks to ‘underweight’ as oil shock clouds earnings recovery
HSBC has downgraded Indian equities to "underweight," citing surging energy prices from the Middle East war as a threat to the country's earnings recovery. With Brent crude above $100 a barrel, inflation and growth risks are elevated, making India less attractive than North East Asian peers. Earnings forecasts are expected to be revised lower, and foreign investor concerns are mounting.
Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolio
Jefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weakens foreign tourist arrivals. It trims earnings for airlines, hotels and travel-tech names, while maintaining BUY ratings on GMR Airports, IndiGo and key hotel stocks.
Super Micro shares tank 14% after co-founder charged for smuggling Nvidia chips to China
The indictment order states that a South East Asian company, acting as a middleman, compiled fake paperwork to appear as if it will use those servers, and then had a separate logistics firm repackage the servers to conceal them before sending them to China.
Asian stocks stumble as energy shocks intensifty amid escalation in Iran war
Asian stocks fell on Thursday as oil prices surged due to Middle East conflict. Japan's Nikkei 225 dropped 2.4%, and broader Asian markets fell over 1.3%. Brent crude rose above $111 per barrel.