Asian shares end down as inflation data from US worried investors globally

Sakshi Education

Most Asian shares today ended down except Singapore's Strait Times, as the inflation data from the US worried investors globally and fuelled the expectations of aggressive Fed rate hikes.
Hong Kong’s Hang Seng fell 1.3 percent while South Korea’s KOSPI declined one percent. China’s Shanghai Composite lost 0.8 percent, and Japan's NIKKEI-225 slipped 0.7 percent.
On the other hand, Singapore’s Straits Times gained half a percent.
European shares were down in intra-day trade. Germany's DAX fell 0.9 percent and France's CAC slipped 0.7 percent. London's FTSE-100 was trading 0.2 percent down when reports last came in.

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