Asian Markets Mixed as Tech Stocks Weaken

Asian markets were mixed as investors weighed the Federal Reserve’s decision to hold interest rates against corporate earnings and renewed scrutiny of technology valuations. South Korean shares fell despite strong reported growth in Samsung’s profits, reflecting concern about whether heavy AI investment can deliver sustainable returns; reactions to other technology earnings were also uneven. U.S. stocks edged higher, while bond yields mostly declined after Fed Chair Kevin Warsh’s comments were read as somewhat dovish, though investors still see a December rate hike as possible. Oil prices eased but remained above $100 a barrel, keeping energy costs and inflation in focus.