MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.7%, while Japan's Nikkei tumbled 2.9% and South Korea's KOSPI dropped 2%.
West Texas Intermediate (WTI) crude also dropped 0.3% to $77.33.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.
Short-dated bonds rallied overnight, supported by comments from Bill Dudley, a former president at the New York Fed that the central bank should cut rates, preferably at its policy meeting next week.
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