Asian Stocks Split as Nikkei Falls 1.2%, KOSPI Steady on Tech Rebound

Asian stocks fell Tuesday as rising oil prices and a global bond selloff pushed up financing costs, though damage was uneven. Japan's Nikkei 225 dropped about 1.2% to 65,070.58, while South Korea's KOSPI slipped only 0.2% to around 6,877. The divergence reflected different starting points: Japanese shares faced broad selling pressure, while Samsung Electronics and SK Hynix recovered after both fell over 5% on Monday. The U.S. 10-year Treasury yield briefly topped 5.27%, a 19-year high, with Brent crude near $106.60 per barrel. Japan's 10-year government bond yield rose to about 3.09%, near multi-decade highs, pressuring high-valued growth stocks. China's CSI 300 stayed near a one-year low, and Australia's central bank raised its policy rate to 4.6%, the highest since 2011.