Asian shares trend lower after Wall St ends with weekly loss ...Middle East

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Shares slipped Monday in most Asian markets after Wall Street benchmarks ended last week with a decline. Stocks fell in Tokyo, Hong Kong and Seoul but rose modestly in Sydney and Shanghai. Japan reported its wholesale prices were near a 13-year high in August, adding to concerns over inflation as the country prepares for a leadership transition. Prices have surged in the world's three largest economies, and elsewhere, as supply chain troubles, shipping bottlenecks and other disruptions arising from the pandemic hinder a return to normal growth. Tokyo's Nikkei 225 declined 0.3 per cent to 30,292.84 and the Hang Seng in Hong Kong lost 1.7per cent to 25,777.90. In Seoul, the Kospi edged 0.2 per

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Asian shares trend lower after Wall St ends with weekly loss ...Middle East

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