South Korea’s Kospi index opened sharply lower on Thursday, extending a steep decline that began the previous session.
The benchmark fell 4.46% on Wednesday, marking one of the steepest single-day drops for the Asian market in recent months.
Investors are also reacting to cautious signals from the Federal Reserve, which have added uncertainty to the outlook for global growth and monetary policy.
The continued selling pressure reflects broader risk-off sentiment across global equities.
The downturn is being driven primarily by a heavy sell-off in US technology stocks, particularly semiconductor shares, which have weighed heavily on regional sentiment.
Investors are also reacting to cautious signals from the Federal Reserve, which have added uncertainty to the outlook for global growth and monetary policy.
The combination of tech sector weakness and policy ambiguity has triggered a broad-based retreat in risk assets.