News Formal

Asian stocks fall to near 1-year low as oil prices stoke inflation worries

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

SINGAPORE : Asian shares suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic activity.MSCI's broadest index of Asia-Pacific share

SINGAPORE : Asian shares suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic activity.

"We have seen tech stocks outperform value stocks, so if inflation remains a worry, then tech stocks tend to get hit," Menon said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Japan's outgoing Finance Minister Aso said he urged BOJ to lower inflation targetTOKYO : Japan's outgoing finance minister, Taro Aso, said on Monday he had proposed lowering the central bank's 2per cent inflation target when prices took a hit from plunging oil prices from 2014 through to 2015.Aso, who was finance minister for nearly nine years, said the oil price slump was among the m
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »