Tech sell-off: AI rout grips Asian markets following steep declines in US stocks

AI anxiety is eviscerating global financial markets. A midterm victory this week for Democrats in the US is being read as much tighter constraints on building data centres and more generally on regulation and spending on AI. Tech-heavy economies in Asia are bearing the burnt. South Korea's KOSPI plunged almost nine per cent at one point on Nov 6, triggering a temporary halt in trading. Benchmarks for Japan and Taiwan also fell into bear market territory. CNA talks to Cameron Systermans, Head of Multi-Asset, Asia at Marsh.