Asia shares bound for weekly fall as bond yields, oil stay high - The Business Times
• Most Asian share indices are heading for weekly losses on Friday, August 21, driven by persistent stress in global bond markets and rising inflation risks. • The Nikkei slipped 0.8%, bringing its total losses for the week to 4%, while Chinese blue chips dipped 0.1% and markets in South Korea and Taiwan also trended downward. • Oil prices have reached one-month highs due to a diplomatic deadlock in the Gulf, further pressuring equity markets.
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