Asian shares mostly decline on global technology downturn
https://apnews.com/222378b6fba778e0a16df5b84f2570ae
TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan's SoftBank, which has reported hefty losses caused by the market downturn.
Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.
Asian shares mostly decline on global technology downturn
Aug 9, 2022, 8:21am UTC
https://apnews.com/222378b6fba778e0a16df5b84f2570ae
> TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including Japan's SoftBank, which has reported hefty losses caused by the market downturn.
> Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.