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Asian shares slip on jitters over inflation, interest rates

Singapore India Hong Kong Australia city Bangkok city Tokyo city Seoul city Shanghai city Hong Kong pandemic economy Government
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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 declined. Hong Kong's government announced pandemic relief measures worth $15.4 billion to help the territory recovery from the blow to its economy,

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United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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