Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlook

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BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in store following its latest increase.

Oil prices fell while U.S. futures YM00 ES00 edged higher.

Japan reported its trade deficit in November surged to over…

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