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Asian markets plunge on US tech selloff

Asian markets fell sharply on Oct. 30 as U.S. big tech earnings and AI investment concerns triggered a selloff. Korea's KOSPI plunged 3.48% to close at 5,730.74, with the KOSDAQ down 3% (KBS World). The Korea Times reports the KOSPI fell over 3% Friday, led by Samsung Electronics and SK hynix, while Yonhap notes Seoul shares dipped over 3% on tech losses. Business Korea says the KOSPI opened sharply lower below 6,000 and closed down 3.5%, barely holding 5,700, amid global tech rout and Fed tightening worries. The Korea Times also reports the KOSPI sank over 5% late Friday morning, and that the KRX activated a sell-side sidecar for the KOSPI on the sharp fall. Maeil Business reports Asian markets, including Japan's Nikkei (down 2%) and Taiwan, fell together on AI profitability concerns. Korean investors reacted with alarm, as Hankyung reports foreigners dumped 1.6 trillion won, calling it a 'scream' over the U.S.-originated bad news.

  1. KOSPI falls 3.48% as US tech earnings fuel AI investment concerns Korea Times · 2026-10-30
  2. (URGENT) Seoul shares dip over 3 pct on tech selloff amid AI concerns Yonhap · 2026-10-30
  3. [Opening Market] KOSPI Opens Sharply Lower Below 6,000 on U.S. Big Tech Plunge Business Korea · 2026-10-30
  4. [Closing Market] KOSPI Plunges 3.5%, Barely Holding 5,700 Level Amid Global Tech Rout Business Korea · 2026-10-30
  5. Seoul stocks down over 5% late Fri. morning on tech losses amid AI concerns Korea Times · 2026-10-30
  6. KOSPI Down 3.48% Friday KBS World · 2026-10-30
  7. KRX activates sell-side sidecar for KOSPI on sharp fall Korea Times · 2026-10-30
  8. 코스피 3%·닛케이 2% 뚝 … 亞증시 '휘청' 매일경제 · 2026-10-30
  9. "외국인 1.6조 던졌다"…미국서 날아온 악재에 '비명' 한국경제 · 2026-10-30

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