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FinanceAsian Stocks Choppy After South Korea's $2 Trillion Rout, Fed Uncertainty
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Asian stock markets experienced choppy trading on July 30, 2026, following a massive $2 trillion rout in South Korean markets. The Kospi index rose 4% in volatile trading but is still facing a 12% weekly decline. Investor focus is on Asian chipmakers amid growing concerns about returns from massive artificial intelligence spending. The Federal Reserve's ambiguous stance on interest rates has added to market uncertainty, leaving investors cautious about the near-term outlook for regional equities.
Source report
Asian chipmakers in focus as investors fret about returns from massive AI spending
Published: Thu, Jul 30, 2026 · 10:25 AM
SINGAPORE — Asian stocks traded unevenly on Thursday, with markets still reeling from a historic sell-off in South Korea that wiped out approximately US$2 trillion in value. Uncertainty over the U.S. Federal Reserve's interest rate trajectory added to investor caution.
- The Kospi rose 4% in choppy trading on Jul 30, but is staring at a 12% weekly decline. (Photo: EPA)
Investors are closely watching Asian chipmakers amid growing concerns over whether the massive spending on artificial intelligence (AI) infrastructure will deliver the expected returns.
Source
The Business TimesRegional
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