Market news for July 29, 2026: Asian technology shares extended their sell-off today, taking its cue from another steep decline in US chip stocks overnight. South Korea’s Kospi led declines, triggering a trading halt for the second straight session. Oil prices rose after US Central Command said Iran had launched missile strikes targeting US bases in the Gulf.

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AI anxiety extends Asia chip sell-off; Oil climbs on renewed Iran tensions

BT Market Focus

AI anxiety extends Asia chip sell-off; Oil climbs on renewed Iran tensions