KOSPI crashes over 8 pct on tech hemorrhage, U.S. rate woes; won rises after verbal intervention

KOSPI crashes over 8 pct on tech hemorrhage, U.S. rate woes; won rises after verbal intervention

South Korean stocks nosedived more than 8 percent Monday on renewed woes over AI profitability and concerns over a possible hawkish pivot of the U.S. Federal Reserve.

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