Asian markets retreat as oil tops $107 and Fed and BOJ rate hikes come into focus
Asian equities opened lower on Monday as a renewed oil-price surge intensified inflation concerns and investors prepared for potentially tighter monetary policy in both the United States and Japan. Brent crude rose around 3% to US$107.18 a barrel, after gaining almost 9% last week, while US crude reached US$102.62 as attacks and shipping disruptions threatened […]
We haven't written up this one. Thailand Business News has the full story — the link below goes straight to it.