Markets in Japan and Korea lose more than 3% on fears of costlier borrowing, with FTSE and Wall Street on course to follow suit
A woman walks past a bank's electronic board showing the Hong Kong share index in Hong Kong on Thursday.A woman walks past a bank's electronic board showing the Hong Kong share index in Hong Kong on Thursday.Stock markets in Asia have tumbled to their lowest in nearly 15 months after America’s central bank chief confirmed widely expected plans to increase interest rates this year, beginning in March.
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