Asian stocks mostly decline on a sell-off of chip shares, with Kospi down nearly 8%

A decline in Asian stocks has been reported, with the Kospi experiencing a significant drop of nearly 8%. This downturn is largely attributed to a sell-off of computer chip shares.

Shares in Japan and South Korea were particularly affected, with heavy selling leading to slumped stocks on Thursday.

Further information on this development, including details on oil prices and US futures, is available from KPRC 2.