HONG KONG (AFP): Equities sank in Asian trade Monday (Jan 24) following another painful sell-off on Wall Street, with investors' focus on the Federal Reserve's next policy meeting this week, where officials are expected to unveil their plans to battle soaring inflation.
Tech firms -- which soared on the back of the pandemic -- led the retreat in New York after weak subscriber figures from Netflix fuelled concerns that the end of lockdowns and reopening of economies is seeing consumers changing their spending habits.
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