Skip to content
Verified

Asian markets rebound after AI-spending jolt; Indonesia drops 11%

Asian markets recovered on October 16: Nikkei +1.8%, KOSPI +2.8% after the CoreWeave debt jolt. Indonesia's index fell 11% as MSCI prepared to remove its emerging-market status.

Published

1 min read

WhatsAppX
18px
More
Email
WA
0%
Reading

Asian markets recovered on October 16 after the jolt from CoreWeave's debt and AI investment spending concerns.

Japan's Nikkei rose 1.8% and South Korea's KOSPI gained 2.8%.

Indonesia moved the other way. The Jakarta index fell 11% as MSCI prepared to remove the country's emerging-market status.

The rebound followed a selloff driven by worries over AI companies' finances and data centre spending, which had spread across global stock markets.

Story timeline

Publication and update timeline

  1. Published

Section & topics

Sources & verification

View linked sourceCorrections policy and log

Article: https://margallanews.com/story/mn-2026-10-16-asian-markets-rebound