Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St

Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St
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Asian shares retreated Tuesday, with South Korea's Kospi sinking almost 5% despite a rebound for AI stocks that lifted benchmarks on Wall Street.Oil prices rose and U.S. futures were mixed. In Seoul, the Kospi dropped as much as 8% but recovered some losses to close 4.9% lower at 7,656.31. Shares...