Tokyo stocks open lower on tech losses, Softbank earnings

TOKYO (Kyodo) -- Tokyo stocks opened lower Friday, tracking overnight losses on Wall Street and dragged down by heavyweight technology shares, while S

South Korean stocks tumbled more than 4 percent Thursday due to losses in tech shares amid lingering concerns over profitability of artificial intelligence spending. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index fell 4.58 percent, or 301.88 points, to close at 6,296.38,