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Asia-Pacific Shares Fall on US Inflation Spike; Japan's Nikkei Average Hits Four-Month Low

Add to Bookmarks The major Asia-Pacific stock indexes tumbled on Thursday as Wall Street shares fell sharply with inflation data stoking fears of a rate hike by the Federal Reserve. In Japan, the Nikkei slumped to a 4-month low as an inflation scare hit expensive shares. South Korean shares also fell for a third straight day on U.S. inflation fears. Stocks in China and Hong Kong fell on soft bank lending, Sino-U.S. tensions. In Australia, shares closed lower for a third session as miners, tech ...
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