ðŸ‡ðŸ‡° English, 15 October 2026, AI boom correction
International Monetary Fund Warns of Heightening Risks from AI Boom Correction
The IMF projects Asia's economic growth will moderate next year and warns of risks from the AI boom correction and spillovers from rising global bond yields.
The International Monetary Fund on Thursday projected Asia’s economic growth would moderate next year and warned of heightening risks from the Iran war-induced energy shock, a potential correction in the AI boom and spillovers from rising global bond yields.
A harbinger of that potential correction came with a bang in East Asian markets.
In Tokyo, the tech-heavy Nikkei share average tumbled 3,318 points, or 4.9 percent, to 64,425 amid reports about distressed debt at US cloud-computing provider CoreWeave while hot US inflation figures sparked fears of higher interest rates.