New Delhi, Sept. 14 -- Share markets have been volatile globally of late amid surging oil prices, rising bond yields, anticipation of interest rate hikes amid rising inflation due to the US-Iran conflict, and AI trade.

On Monday, Korea's Kospi crashed 3%, Japan's Nikkei declined 1%, and Taiwan Weighted declined by half a per cent, dragged down by AI stocks. Rising oil prices due to the Middle East conflict, heightened concerns over interest rate hikes in both the United States ‌and Japan this week, are also weighing on sentiment.

Nikkei was dragged down by technology shares after leaders of major AI companies called for a slowdown in development.

According to Reuters, "OpenAI Chief Executive Sam Altman said his company will not g...