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The Independent UK
The Independent UK
National
Via AP news wire

Asian shares fall as oil lingers above $120, yen sinks

Copyright 2022 The Associated Press. All rights reserved

Shares were mostly lower in Asia on Thursday as investors watched for fresh signs of inflation and crude oil prices hovered above $122 a barrel, adding to price pressures.

Benchmarks declined across the region, except in Tokyo, where a weakening yen sent issues of some Japanese exporters higher. Nintendo Co. issues surged 1.9% in afternoon trading, while Honda Motor Co. stocks gained more than 0.9%.

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