Most Asian markets drop as record US inflation fans taper talk


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HONG KONG (AFP): Asian markets mostly fell on Monday (Sept 13) following another retreat on Wall Street as a surge in US inflation to a record high ramped up concerns the Federal Reserve will be forced to tighten monetary policy sooner than later.

Reports that President Joe Biden was considering a fresh trade probe into China added to the downbeat mood and nullified the optimism sparked by news that he had held talks on Friday with Xi Jinping in a bid to smooth relations between the superpowers.

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Asian , equities , Sept 13 , opening

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