SINGAPORE -- Asian stocks retreated on Tuesday on the back of fears that the U.S. Federal Reserve will take a particularly hawkish stance in hiking interest rates to tame inflation in the United States, which is at its highest in 40 years.
Markets
Asian markets slide as investors fear U.S. interest rate hike
Soaring inflation forces benchmark indexes across the region to retreat
An electronic board displays Japan's Nikkei index outside a brokerage in Tokyo on June 14. (Photo by Yo Inoue)
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