Hong Kong, March 4, 2026 (AFP) - Asian equities in freefall as oil extends gains on Middle East crisis

NAMPA / AFP

2026-03-04

Stock markets across Asia were pummelled Wednesday as investors began panic-selling on fears the Israel-US war on Iran will fan inflation and hammer the global economy. The bloodshed's impact on markets was felt most in Seoul, where the Kospi tanked more than 12 percent as investors unwound their tech positions built up in recent months on the back of the AI boom. The selling came as oil prices rallied further on the fifth day of attacks on the I......

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