Asian shares decline after Wall Street slip, global bond sell-off intensifies

Asian shares tumbled Wednesday after stocks slipped on Wall Street, while a global bond market sell-off deepened, with Tokyo's Nikkei 225 dropping 2.9% and South Korea's Kospi losing 4%. Major companies were hit hard, with SoftBank Group falling 6.4%, Samsung Electronics declining 4%, and SK Hynix dropping 4.7%.

Why it matters: U.S. futures edged higher despite the Asian market weakness, suggesting continued investor uncertainty amid the global bond market turmoil.