Asian shares drop, with South Korea's Kospi down more than 5%

How a Starbucks marketing stunt spiralled into mass boycotts in South Korea

A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestormIt was a PR nightmare: customers smashing Starbucks branded tumblers and mugs as fans deleted loyalty apps and cashed out prepaid balances. Amid the uproar, government ministries cut ties with the coffee chain and apology notices were pasted on Starbucks stores across South Korea.The initial shock may have p…

US stocks slump as fears over Big Tech shake Wall Street

The Nasdaq saw its biggest daily fall since early 2025.

Wall Street panics as stock markets crash deep into the red

Wall Street is in a panic as markets close out the week deep in the red on Friday, and expert investors are citing a reason for the crash that hardly makes sense.

US stock markets today (June 5, 2026): S&P 500, Nasdaq fall as tech stocks slide; strong jobs data dims rate-cut hopes

Indian markets reacted to global cues as US stocks tumbled, led by tech giants like Nvidia, following a robust jobs report dampening interest rate cut hopes. Rising oil prices, fueled by Middle East tensions, also contributed to investor caution. Asian markets mirrored the downturn, with South Korea's Kospi seeing a significant drop.

Asian shares drop, with South Korea's Kospi down more than 5%

HONG KONG (AP) — Shares have fallen in Asia, with South Korea’s benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S.

Asian shares drop, with South Korea's Kospi down more than 5%

Shares have fallen in Asia, with South Korea's benchmark dropping more than 5%, after sharp declines for some big artificial intelligence-related stocks in the U.S. U.S. futures also retreated, while oil prices were little changed