TOKYO, Japan – October 15, 2026 (STL.News) Asian Stocks – Global financial markets saw a sharp, technology-led selloff Thursday as major Asian stock indexes plunged after stronger-than-expected U.S. inflation data, renewed concerns about Federal Reserve interest rates, and growing questions about the financial sustainability of the artificial intelligence investment boom. South Korea’s KOSPI index fell 7.57% to close at 5,554.22. Japan’s Nikkei 225 fell about 4.9%, while Taiwan and other Asian markets also saw significant selling pressure. The losses followed Wednesday’s U.S. Consumer Price Index report, which showed annual inflation accelerating to 3.7% in September from 3.4% in August.
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