Asian stocks today: Markets fall as oil tops $112, inflation concerns weigh; Wall Street extends losses
Equity markets across Asia declined on Thursday, tracking losses on Wall Street after a sharp rise in oil prices above $112 per barrel and renewed concerns over inflation and interest rates dampened investor sentiment. In early trading Tokyoâs Nikkei 225 dropped 2.5% to 53,875.94, while South Koreaâs Kospi fell 1.3% to 5,845.62. Hong Kongâs Hang…