Asian stocks slide as US inflation stokes rate fears; Kospi plunges 5.6%

South Korea's Kospi led losses across Asia, while the Nikkei fell 1.3%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks

Oct 15, 2026 - 06:00
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Asian stocks slide as US inflation stokes rate fears; Kospi plunges 5.6%
South Korea's Kospi led losses across Asia, while the Nikkei fell 1.3%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks

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