Asia’s Tech Rout Triggers Trading Halt in South Korea
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Trading on South Korea’s Kospi index was halted for the third time this week on Thursday, as a global slump in technology shares sparked panic selling across Asian markets. The forced pause, known as a “circuit breaker,” is designed to give investors time to cool down and prevent a market freefall. The sell-off follows sharp declines in U.S. tech stocks, dragging down Asian indexes from Tokyo to Shanghai. Analysts warn that further volatility may come as investors reassess the outlook for the sector.