Asia markets struggle after Wall Street slides amid broad-based tech retreat; BOJ rate hike in focus

businessinsider
2025.12.18 06:23

Asia markets traded mixed after Wall Street's tech-driven slide. Concerns over AI valuations and Oracle's funding issues weighed on sentiment. Japan's yen weakened amid fiscal concerns, with the BOJ expected to raise rates. China's Vanke negotiated bond payments to avoid default. New Zealand's economy grew, while Australia's inflation expectations rose. U.S. markets fell, led by tech declines. Investors await central bank meetings and inflation reports.