Jul 30, 2026
✦The Business Times
Asian stocks choppy after South Korea's US$2 trillion rout, Fed leaves markets guessing on rates
Asian stocks struggled on Thursday, July 30, after a massive US$2 trillion rout hit South Korean markets. Investors remain worried about artificial intelligence and uncertain US interest rates. Portfolio manager Gina Kim said, "There does appear to be an irrational, panic-like element to the current selling" amid ongoing global market volatility.