Asia markets suffer rough Monday amid fears of US rate hike

04:07

More Videos

Why do Albanians living in Serbia have to fight for recognition?

Will Kosovo’s third election be the last?

Palestine: Actors speak out | Bigger Than Five

EU warns Bosnia and Herzegovina on US-backed pipeline project

Bosnia and Herzegovina is on track to reduce dependency on Russian gas

How much will Americans pay for war? | Inside America

America’s energy shift: The forgotten coal miners | My America

‘Take Me to America’ song unites the Balkans

Have Bulgarians voted for Radev or against the system?

Aid workers under fire: no end to impunity? | Bigger Than Five

Asia Pacific

Asia markets suffer rough Monday amid fears of US rate hike

Markets in Asia took a tumble on Monday, amid fears that the US Federal Reserve could raise interest rates again at its meeting next week. Japan's Nikkei fell by nearly half a percent and China's Hang Seng Index dipped by 1.5 percent on investor jitters. They fear that low unemployment and other indicators of strong spending could either delay rate cuts or extend higher rates for longer. The caution comes as key data reflecting inflation is due out on Wednesday, and Federal Reserve Chairman Jerome Powell's promise to steer rates given future data.