Asian stocks follow Wall St lower on economy fearsAP, BEIJINGAsian stock markets on Friday followed Wall Street lower on fears that global economic activity would be depressed by interest rate hikes to cool inflation. In Taiwan, the TAIEX closed 1.25 percent lower at 15,641.26. However, turnover was up compared with recent sessions at NT$307.877 billion (US$10.36 billion), after staying between NT$190 billion and NT$230 billion for much of the month. For the week, the TAIEX lost 818 points, or 4.97 percent. It had closed lower for seven consecutive sessions.

Source: Taipei Times June 18, 2022 19:01 UTC