Japan Inflation Breach and Indonesia's 11% Rout Split Asia Trading

Asian equities were mixed in the October 15 session. Chipmaker shares rebounded after the prior scare tied to CoreWeave's financing troubles, helping most regional indexes recover. Indonesia was the exception: its stock market slumped around 11% and now faces the prospect of a market downgrade, according to Investing.com reporting. In Japan, core inflation data pointed to a reading above the Bank of Japan's target for the first time since December, a signal that could complicate the central bank's path on interest rates. Separately, Singapore reported non-oil exports jumped 68.4% in September, far bigger than expected, a sign that at least part of the region's trade engine is still running hot despite the volatility in equity markets. The divergence — chip-sector calm returning, Indonesia selling off hard, Japan's inflation running above target — leaves the regional picture unsettled heading into the next session.