Asian markets track Wall St losses, oil in retreat

Hong Kong (AFP) Jan 21, 2022

Asian markets fell Friday following another wave of losses on Wall Street as traders returned their focus to the Federal Reserve's plans to ramp up interest rates, while oil prices sank from their seven-year highs. Angst about the Fed's determination to fight surging inflation by removing its ultra-loose monetary policy is dealing a severe blow to the rally in global markets that has run vir