Asia markets slide as tech stocks tumble

November 14, 2025 (MLN):  Asia markets fell on Friday, mirroring the downturn on Wall Street as renewed skepticism over potential Federal Reserve rate cuts added pressure especially on technology shares.

Japan’s markets led the regional losses. The Nikkei 225 dropped 1.85% and the broader Topix declined 1.03%.

Tech names were the biggest drag: Rakuten Group slid 6.57%, chip-testing firm Advantest sank 5.27%, and semiconductor equipment maker Lasertec slipped 3.97%. SoftBank also tumbled as much as 8% early in the session, extending its slump to a third day after revealing Tuesday that it had completely exited its Nvidia position.

South Korea’s indices also retreated. The Kospi slid 2.29%, while the tech-heavy Kosdaq shed 1.42%. Market leader Samsung Electronics lost more than 3%, and memory-chip supplier SK Hynix fell 5%.

Australia’s S&P/ASX 200 declined 1.58%, adding to the region-wide weakness.

Hong Kong’s Hang Seng Index eased 0.88%, and mainland China’s CSI 300 slipped 0.64% following fresh government data signaling that China’s economic slowdown deepened in October.

Weak consumer spending and ongoing property-sector troubles continued to weigh on activity.

Fixed-asset investment fell 1.7% over the first ten months of the year, a sharper drop from the 0.5% decline recorded through September.

Industrial production grew 4.9% year over year in October below expectations of 5.5% and down from 6.5% in the previous month.

Retail sales narrowly beat forecasts, rising 2.9% from a year earlier compared with a projected 2.8%, though the pace slowed slightly from September’s 3% increase.

Meanwhile, the onshore yuan climbed to its strongest level in a year, touching 7.0 per dollar, according to LSEG data.

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