Asian stocks tumbled Friday, led by steep declines in Japan and South Korea, as tech shares mirrored Wall Street’s Nvidia-driven slump. Investors also assessed Tokyo’s latest inflation data ahead of the key U.S. PCE inflation report, which could influence the Federal Reserve’s rate outlook.
Japan’s Nikkei 225 dropped 3.2%, hitting its lowest since September 2024. SoftBank (TYO:9984) plunged 5.3%, while Tokyo Electron (TYO:8035) lost 5.1% and Panasonic (TYO:6752) fell 2%. South Korea’s KOSPI declined 3.1%, with Samsung Electronics (KS:005930) down 2.2% and SK Hynix (KS:000660) sinking 4.7%. India’s Nifty 50 fell 1%, and Australia’s ASX 200 slipped 1.1%.
In China, the Shanghai Composite dropped over 1%, while the Shanghai Shenzhen CSI 300 fell 0.9%. Hong Kong’s Hang Seng Index declined 2.6% but remained on track for a 15% gain in February, fueled by investor enthusiasm for DeepSeek’s AI advancements. Despite U.S. tariff concerns, Chinese tech stocks surged, with Alibaba (HK:9988) soaring 48% and Xiaomi (HK:1810) up 37% this month.
Tokyo’s core CPI rose 2.2% in February, easing from January’s 2.5% but staying above the Bank of Japan’s 2% target for the fourth month. Japan’s industrial output fell 1.1% in January, though manufacturers expect a 5% rebound in February. Meanwhile, retail sales rose 3.9% YoY, signaling steady consumer spending.
Global markets remain volatile as investors weigh inflation data, interest rate expectations, and tech sector performance.


Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Thailand Inflation Remains Negative for 10th Straight Month in January
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 



