Seoul shares plunge over 5% on AI regulation fears after U.S. midterms

South Korean equities fell more than 5% on Thursday, driven by investor concerns over potential AI regulation following the U.S. midterm elections. The selloff reflects market anxiety about tighter oversight of the tech sector, though the specific regulatory measures remain unclear. This marks a significant risk-off move in a major Asian market, with implications for global tech valuations.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works