{"id":440303,"date":"2021-10-05T10:55:38","date_gmt":"2021-10-05T05:25:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440303"},"modified":"2021-10-05T12:31:07","modified_gmt":"2021-10-05T07:01:07","slug":"asian-stocks-fall-to-near-1-year-low-as-oil-prices-stoke-inflation-worries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/asian-stocks-fall-to-near-1-year-low-as-oil-prices-stoke-inflation-worries\/","title":{"rendered":"Asian stocks fall to near 1-year low as oil prices stoke inflation worries"},"content":{"rendered":"<p>SINGAPORE: Asian shares suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic activity. <\/p>\n<p>MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan dropped as much as 1.3%, falling for a third consecutive session. Japan stocks were down 2.8%, South Korea gave up 2.5% and Australia shed 1%. <\/p>\n<p>&#8220;Investors are clearly worried about inflation due to supply chain disruptions and the rally in energy prices,&#8221; said Vasu Menon, executive director of investment strategy at OCBC Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Asian shares suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic activity. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan dropped as much as 1.3%, falling for a third consecutive session. Japan stocks were down 2.8%, South Korea gave up 2.5% and Australia shed 1%. &#8220;Investors are clearly worried about inflation due to supply chain disruptions and the rally in energy prices,&#8221; said Vasu Menon, executive director of investment strategy at [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-440303","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=440303"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440303\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}