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The Independent UK
The Independent UK
National
Via AP news wire

Asian shares decline amid omicron, Fed, Ukraine jitters

Copyright 2022 The Associated Press. All rights reserved.

Asian shares skidded Tuesday following a volatile day on Wall Street Inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine are overhanging markets.

Japan's benchmark Nikkei 225 slipped 1.7% to finish at 27,131.34. Australia's S&P/ASX 200 dropped 2.5% to 6,961.60. South Korea's Kospi lost 2.7% to 2,717.38. Hong Kong's Hang Seng shed 1.9% to 24,198.37, while the Shanghai Composite dipped 2.3% to 3,444.65.

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