Asia shares retreat as Apple price hikes rain on chip parade

Taiwan

SYDNEY, June 26 : Asian shares pulled back on Friday after a stellar quarter, as Apple's hefty price hikes revealed the downside of booming chip demand, while the threat of Japanese intervention kept the yen from hitting 40-year lows.  Oil prices fell toward their lowest in fourth months, with Brent crude futures down 1.5 per cent to $74.1 a barrel, as Saudi Aramco resumed oil loading at its Ras Tanura terminal after a halt of almost four months. More stranded oil tankers have crossed the

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Asia shares retreat as Apple price hikes rain on chip parade https://www.channelnewsasia.com/ - 09:58

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