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Asian shares mostly decline with South Korea's Kospi down 6.6%, while oil prices slip
By Chan Ho-Him, Associated Press at KSAT 12 (ABC affiliate)
· July 16, 2026
· 3 min read
Asian shares were mostly lower Thursday and oil prices slipped despite a flurry of strikes between the U.S. and Iran.U.S. futures were flat, while selling of AI-related shares weighed on benchmarks in South Korea and Japan. An interest rate hike by the Bank of Korea also contributed to a 6.4% tum...
Key takeaway An interest rate hike by the Bank of Korea also contributed to a 6.
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About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 16, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
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What is this story about? Asian shares were mostly lower Thursday and oil prices slipped despite a flurry of strikes between the U.S. and Iran.U.S. futures were flat, while selling of AI-related shares weighed on benchmarks in South Korea and Japan. An interest rate hike by the Bank of Korea also contributed to a 6.4% tum...
When was this published? This article was first published on July 16, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Chan Ho-Him, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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