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Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St

BANGKOK (AP) — Asian shares retreated Tuesday, with South Korea's Kospi sinking almost 5% despite a rebound for AI stocks that lifted benchmarks on Wall Street. Oil prices rose and U. S. futures were mixed. In Seoul, the Kospi dropped as much as 8% but recovered some losses to close 4. 9% lower at 7,656. 31. Shares in computer chipmaker Samsung Electronics slumped 7. 7% even after it announced its operating income surged 19-fold to 89. 4 trillion won ($58. 7 billion) in the last quarter its...

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