Asia's AI boom is spilling out of the stock market and into luxury spending

Source: Business Insider

South Korea's AI-fueled stock rally has helped drive rising household wealth and strong spending at high-end department stores such as Shinsegae. Anthony Wallace/AFP/Getty ImagesAI-linked stock gains are spilling into luxury spending across parts of Asia. South Korea's market slump has cooled the boom, but spending is holding up.

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