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The story so far · 6 days, October 25 to November 9, 2026
One Turn followed this story across 6 editions, from Tokyo, Japan on October 25, 2026. Newest first.
Tech shares were hit by a sell-off last week.
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SoftBank shares jumped 11% as Asian tech rallied after Wall Street rebounded. Seoul stocks opened sharply higher and triggered a trading pause. A sharp oil decline lifted sentiment.
Why it matters: Falling oil prices ease cost pressure worldwide.
Sources: CNBC, Yonhap · See it on the globe
SK Hynix, Samsung, SoftBank and TSMC fell as tech sold off. Korea's market halted trading. India drew inflows as an AI hedge, and Sensex rose over 2 percent.
Why it matters: Asian economies are exposed to the AI trade.
Sources: CNBC, CNBC · See it on the globe
Japan's Nikkei fell 6.32%, falling below 60,000 for a fifth straight day of losses. Chip names including SK Hynix, Samsung, SoftBank and TSMC dropped. Seoul stocks opened sharply lower and trading was halted by a circuit breaker. South Korea's finance minister promised timely action.
Why it matters: Chips from Asia power AI, so the drop affects tech supply chains.
Sources: CNBC, Yonhap (Korean), Yonhap · See it on the globe
Japanese stocks fell as US midterm results hit tech shares. The Nikkei dropped as much as 4.8% during the session, with chip and AI shares down more than 13%.
Why it matters: Falls in chip stocks reflect doubts about the AI building boom.
Sources: Japan Times, Yonhap · See it on the globe
Kioxia's outlook missed, suggesting flash memory price jumps are leveling off.
Why it matters: Memory prices affect device costs.
Sources: Japan Times · See it on the globe
Japanese budget restaurant chain Saizeriya will raise menu prices by an average of 6% nationwide. Prices at some busy locations will rise by 10%. The company is responding to rising costs.
Why it matters: Price rises at a chain known for cheap meals show inflation reaching everyday spending in Japan.
Sources: Japan Times · See it on the globe