Asian markets track US losses on recession fears

By Agence France-Presse

Dec 20, 2022 12:37 am

HONG KONG: Asian stocks fell on Monday as traders weighed the prospect of a global recession caused by central bank moves to fight inflation.

Equities took a turn south last week after monetary policymakers around the world signaled that while price increases appeared to be stabilizing, more work would be needed to get them under control.

A man looks at an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo on Monday, Dec. 19, 2022. AP PHOTO

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