Asian markets extend global retreat as tech worries build - News Summed Up

Asian markets extend global retreat as tech worries build


The selling continued to be felt across assets, with silver taking another beating and bitcoin wiping out all the gains built up since Donald Trump's US election win. And the gloom carried into Asia, where Seoul -- which has led the region's rally thanks to its heavy tech weighting -- lost around five percent at one point. Hong Kong, Shanghai, Singapore, Taipei and Manila were also deep in the red, though Tokyo edged up. The digital unit has now lost more than half its value since touching its record high above $126,000 in October. "Rallies are short-lived, and sellers face little resistance from the buy-side making it straightforward for price to print lower lows.


Source: Bangladesh Sangbad Sangstha February 06, 2026 03:18 UTC



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