Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
National
Yuri Kageyama

Asian stocks tumble amid fears about faster rate hikes

Copyright 2023 The Associated Press. All rights reserved

Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation.

Japan's benchmark Nikkei 225 edged up 0.5% to finish at 28,444.19. Australia's S&P/ASX 200 slipped 0.8% to 7,307.80. South Korea's Kospi dropped 1.3% to 2,430.93.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.