Asian Stocks Market Today is Down Slide

The post Asian Stocks Market Today is Down Slide appeared first on Coinpedia Fintech News

Asian stocks fell sharply on Wednesday as rising bond yields, higher oil prices and renewed pressure on semiconductor shares hit investor sentiment. South Korea’s KOSPI dropped 5.7%, while Japan’s Nikkei fell 3.2%. Higher U.S. and Asian bond yields are raising borrowing costs and putting pressure on stock valuations. At the same time, oil prices have …

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