Asian stocks declined on Friday after U.S. Treasury yields hit one-year highs, prompting traders to hike their bets on a Federal Reserve rate hike this year. Rising oil prices dented sentiment as attacks on one ship and the seizure of another around the Strait of Hormuz stoked concerns about energy supplies. The Trump-Xi summit has so far produced warm words but yielded little progress on the war …
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Market Analysis
Asian Shares Retreat On Rate-hike Concerns
2026-05-15 08:41:04
