Inflation, supply chain disruptions dampen Asian stocks - Nikkei Asia

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Inflation, supply chain disruptions dampen Asian stocks - Nikkei Asia

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The index mainly covers emerging markets with China and Taiwan accounting for about half, and South Korea and India for around 15% each.

"Emerging markets might not be able to raise rates at the same pace, as this could hurt export competitiveness and weaken domestic corporates ability to borrow," said Mak at SAC Capital.

Emerging Asian markets fell broadly at that time, with Shanghai's SSE Composite Index dropping the most by 20%.

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Article Details

Author / Journalist: Staff Writer

Category: InvestingFinanceAsia

Topics: Emerging Asian Markets Asia Inflation Companies Index Year Central Economies Policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-26, 21:04:00

News Timezone: GMT +9:00

News Source URL:

Language: English

Reading Time: 8 minutes read

Article Length: 1343 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 14678

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About Nikkei Asia

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Year Established: 1876

Headquarters: Japan

News Last Updated: 8h ago

Coverage Areas: Japan

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Publication Timezone: GMT +9:00

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Publisher ID: #19

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