SeoulSouth Korea’s Kospi plunged more than 7%.
The IMF warned Thursday that an artificial intelligence correction could weigh disproportionately on Asia.
US inflation hit 3.7% in September against 3.6% forecast, lifting 10-year yields to 5.32% before settling at 5.18%.
White House adviser Kevin Hassett called the inflation reading a “blip.”
Polymarket traders give 75% odds the Fed holds rates on 28 October, down 9 points in a week.
How each outlet framed it
- The National leans critical
- ties the Kospi fall to higher yields and a stronger US dollar, not only AI-stock selling, via a Capital.com analyst
- Bloomberg Business
- Semafor leans critical
- frames the inflation data through the Trump administration's spin (Hassett's 'blip', Navarro's 'hold its fire') and Warsh's Bangkok speech
Sources: Bloomberg Business, Semafor, The National