JAKARTA, May 11 (Reuters): Tech-heavy equities in Taiwan and South Korea led losses in Asian markets on Tuesday, as investors were concerned over a potential spike in inflation, while rising Covid-19 cases and curbs in other parts of the region further dampened sentiment.
US stocks toppled off record highs overnight as traders fretted that strong demand amid tight supply of basic materials could sharply accelerate consumer prices, with markets now on edge ahead of U.S. inflation data due later on Wednesday.
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