Asian stocks decrease as inflation and Omicron fears rise
On Friday, Asian stocks showed 14-month lows as worries about the new Omicron variant, decisions of the world’s major central banks, and inflation concerns hit investor confidence. On Friday, MSCI’s broadest index of Asia-Pacific shares fell 0.8% outside Japan to 2.29%. Chinese blue chips fell 1.36%, heading for their most destructive week in four months, …
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