US futures, world shares slip as worries over Trump's Fed chief pick and AI weigh on markets

US futures and world shares skidded on Monday as worries over President Donald Trump's nominee to be the next Federal Reserve chair amplified jitters over a possible bubble in the artificial intelligence boom. South Korea's exchange, which is heavily influenced by tech-related developments, briefly suspended trading as its benchmark Kospi bounced, closing 5.3 per cent lower at 4,949.67. Samsung Electronics gave up 6.3 per cent, while chip maker SK Hynix sank 8.7 per cent. The Kospi has been forging records ...