Oil, inflation worries push shares downward
AI Summary
Emerging Asian markets have declined due to rising oil prices and stagnation in US-Iran peace talks, heightening fears of inflation. Economic uncertainties also loom amidst insufficient excitement from the recent Trump-Xi summit.
RECAP: Emerging Asian markets fell on Friday as surging oil prices and limited progress in US-Iran peace negotiations heightened concerns over inflation and economic uncertainty. As well, the Trump-Xi summit produced little news to excite investors.