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Asian shares decline on Wall Street losses, rate worries

Asian shares decline on Wall Street losses, rate worries

Rising energy prices are ‘adding to the worries about recessions’ in some parts of the world

By Yuri Kageyama
Published - Sep 07, 2022, 01:31 AM ET
Last Updated - Jul 18, 2023, 04:29 PM EDT

Asian shares were mostly lower Wednesday, as pessimism

prevailed about higher interest rates ahead and Wall Street shares fell for the
fourth straight week.

Shares fell in early trading in Tokyo, Sydney, South Korea

and Hong Kong, but were little changed in Shanghai. Oil prices fell, while the
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