Asia shares wallow near one-month lows on inflation anxiety

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By Hardik in Business
Updated 3 years ago

Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) eased 0.1%, after tumbling 1.6% on Tuesday for...

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