{
  "id": 14350368,
  "title": "Asia shares edge up as chip selloff eases; US CPI awaited",
  "url": "https://urgent.news/2026/10/14/asia-shares-edge-up-as-chip-selloff-eases-us-cpi-awaited-14350368",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T02:06:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/asia-shares-edge-up-as-chip-selloff-eases-us-cpi-awaited-4947869"
  },
  "original_language": "en",
  "account": "Asian shares experienced a slight increase on Wednesday as those tied to artificial intelligence recovered from a recent sell-off, although gains were tempered by high oil prices and uncertainty surrounding upcoming U.S. inflation data. In the AI supply chain, chipmakers Samsung Electronics and SK Hynix surged more than 2% in South Korea, while Kioxia remained steady in Japan. The broader MSCI Asia-Pacific index excluding Japan gained 0.5% following a mild decline in U.S. stocks. Japan's Nikkei and South Korea's Kospi both climbed slightly, with Nikkei up 0.2% and Kospi adding 1.8%. Despite this, caution remained in the market due to the rise in oil prices, stemming from concerns over energy supplies after Houthi missile and drone attacks on Saudi Arabia. Oil prices in the U.S. ticked up by 0.8% to $94.96 a barrel, while Brent crude reached $106.6. Analyst Kyle Rodda of Capital.com noted that the market's performance would be closely watched to determine if recent volatility eases. Risk-averse investors turned to longer-dated bonds, with the 10-year Treasury note yield remaining steady at 5.221% and the 30-year note holding at 5.569%. On Wall Street overnight, U.S. bank stocks faced losses following mixed quarterly earnings reports from Citigroup and other companies, negatively impacting broader market sentiment. U.S. stock futures, the S&P 500 e-minis, were up 0.04% at 7,858.8 ahead of the release of U.S. consumer price index data. Economists expect headline inflation to climb to 3.6% annually in September due to rising energy costs, with core CPI increasing by 0.2% monthly. Market participants are anticipating a 22% probability of an October interest rate hike, according to the CME FedWatch Tool. New York Federal Reserve President John Williams suggested the Federal Reserve might raise its policy rate again this year to curb inflation, but he sees no immediate need for hikes in 2027. The dollar index, which measures the greenback against the currencies of major trading partners, was at 102.17, while the euro remained stable at $1.1202. Market participants were also eagerly awaiting Chinese inflation data, looking for evidence of domestic demand recovery amid deflationary pressures.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Asia shares edge up as chip selloff eases; US CPI awaited",
        "url": "https://urgent.news/2026/10/14/asia-shares-edge-up-as-chip-selloff-eases-us-cpi-awaited",
        "published": "2026-10-14T01:52:55.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Asia shares edge up as chip selloff eases; US CPI awaited",
        "url": "https://urgent.news/2026/10/14/asia-shares-edge-up-as-chip-selloff-eases-us-cpi-awaited-14346726",
        "published": "2026-10-14T02:03:01.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asia shares edge up as chip selloff eases; US CPI awaited",
        "url": "https://urgent.news/2026/10/14/asia-shares-edge-up-as-chip-selloff-eases-us-cpi-awaited-14350374",
        "published": "2026-10-14T02:38:58.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian shares edge up as chip sell-off eases ahead of US CPI",
        "url": "https://urgent.news/2026/10/14/asian-shares-edge-up-as-chip-sell-off-eases-ahead-of-us-cpi",
        "published": "2026-10-14T02:44:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}