Chip makers and tech investors such as Samsung and SoftBank plunge as potential interest rate hikes spook markets
An accelerating sell-off of AI-linked shares has hit global markets, as fears over rising inflation and future interest rate hikes spooked traders already wary of the heavily indebted sector.
South Korea’s benchmark Kospi 200 index, which is heavily skewed towards the companies that make memory chips, fell more than 8% overnight to a six-month closing low, triggering circuit breakers that brought trading to a halt at various points.
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© Photograph: Lee Jin-man/AP
© Photograph: Lee Jin-man/AP
© Photograph: Lee Jin-man/AP
It’s not often that events in Mumbai reverberate through global markets. But the Reserve Bank of India’s first interest rate hike in almost four years speaks volumes about the chaotic state of play. The inflation slamming Asia’s third-biggest economy and the rupee’s drop to record lows left RBI Governor Sanjay Malhotra with no choice but […]
The post India’s rate hike a loud warning shot for Modinomics appeared first on Asia Times.
TOKYO – For decades, the US enjoyed a remarkable luxury: its two biggest creditors, Japan and China, kept showing up at Treasury auctions with checkbooks open. Now, Donald Trump’s trade wars, tariff threats and widening geopolitical confrontations raise an uncomfortable question: what happens if Washington’s most reliable bankers decide they’ve had enough? Granted, global investors […]
The post When Asia’s central banks turn bond vigilante on Trump appeared first on Asia Times.
Diesel in the US has climbed to more than US$6.50 a gallon, up about 75% from a year ago, and Asia is likely to pay for it in the form of higher interest rates. Expensive diesel keeps American inflation elevated, which gives the Federal Reserve reason to keep raising interest rates. Higher US rates lift […]
The post US diesel crisis about to become Asia’s interest rate problem appeared first on Asia Times.
TOKYO — The bond vigilantes are back — and now they’re patrolling every major debt market at once. As deficits balloon, spending runs unchecked and oil prices spike, investors are reasserting control over markets that once seemed shielded from shocks and sending yields skyrocketing. The revolt spans the US, Japan, Europe and beyond as a […]
The post Bond vigilantes on a savage hunt as global yields run wild appeared first on Asia Times.
Core inflation, which excludes volatile food and energy prices, rose to 8.7% year-over-year in August, up from 8.4% in July.
The post Pakistan’s inflation rises to 11.15% in August 2026 appeared first on BOL News.
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