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EconomicSouth Korea·15 Oct 2026

Asian markets decline following US inflation data and rate hike expectations

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Asian markets experienced a sharp decline on October 15, led by major losses in Seoul and Tokyo as investors sold off shares in key tech firms including Samsung, SK hynix, Kioxia, and SoftBank. The downturn followed a significant drop on Wall Street, triggered by September US consumer price index data showing inflation rose to 3.7 percent, surpassing the…

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