{
  "id": 14361173,
  "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-14361173",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T02:44:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/14/asian-shares-edge-up-as-chip-sell-off-eases-ahead-of-us-cpi"
  },
  "original_language": "en",
  "account": "Asian shares experienced a slight uptick on Wednesday as companies involved in artificial intelligence (AI) gained stability following a recent sell-off, although gains were limited by high oil prices and caution leading into US inflation data. Samsung Electronics and SK Hynix, leading chipmakers in South Korea, saw their shares increase by more than 2%, while Kioxia in Japan remained stable and had previously recovered from losses. The MSCI's Asia-Pacific index, excluding Japan, rose by 0.5% after US stocks ended the prior session with a modest decline. Japan's Nikkei and South Korea's Kospi indices both posted gains of 0.2% and 1.8%, respectively. Nevertheless, optimism was tempered by elevated oil prices due to ongoing concerns about energy supplies following the Houthi missile and drone attacks on Saudi Arabia. Oil prices climbed by 0.8% to $94.96 a barrel, and Brent crude surged to $106.6. Analyst Kyle Rodda of Capital.com noted that market participants will be monitoring whether the recent volatility eases, considering geopolitical tensions and their impact on energy markets. Investors also turned to longer-dated bonds as a safer option, with the 10-year Treasury note yield staying at 5.221% and the 30-year note holding steady at 5.569%. US bank stocks suffered amid mixed quarterly earnings from Citigroup and its peers, impacting broader market sentiment. On Wall Street, US bank stocks declined following mixed quarterly earnings from Citigroup and its counterparts, negatively affecting the overall market. US stock futures, with the S&P 500 e-minis, were up by 0.04% at 7,858.8. Market participants were eagerly awaiting the US Consumer Price Index (CPI) data, hoping it would provide insights into the Federal Reserve's interest-rate expectations. Economists anticipated headline inflation to climb to 3.6% in September, primarily driven by rising energy costs, while the core CPI increased by 0.2% on a monthly basis. The risk lies in a potential core CPI surprise to the upside due to robust consumer demand and higher costs, which could fuel expectations of an October Fed rate hike and strengthen the US dollar. The CME FedWatch Tool indicated a 22% probability of an October interest rate increase before the CPI data. New York Federal Reserve President John Williams suggested that the Fed might need to 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 major trading partners, was down at 102.17. China's inflation data was also anticipated to be released on Wednesday, offering clues about domestic demand revival amid deflationary pressures.",
  "summary": "Sentiment remained cautious as elevated oil prices fuelled energy supply concerns following Houthi missile and drone attacks on Saudi Arabia.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "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": "Investing.com",
        "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",
        "published": "2026-10-14T02:06:55.000Z"
      },
      {
        "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."
}