• Asian shares slip on jitters over inflation, interest rates

    2 days ago - By Chron

    BANGKOK - Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies, despite reassurances from the chair of the Federal Reserve.
    Hong Kong led the decline, losing 2.7% to 29,809.43. Tokyo's Nikkei 225 shed 1.6% to 29,671.70. In Seoul, the Kospi skidded 2.5% to 2,994.98. Australia's S&P/ASX 200 lost 0.9% to 6,777.80. The Shanghai Composite index gave up 2% to 3,564.44.
    India's Sensex bucked the regional trend, gaining 0.4% to 49,960.05. Singapore also gained while other regional benchmarks...
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