Japan’s Nikkei skids in subdued Asia as bets of rate hike grow
By Stella Qiu SYDNEY, Dec 5 (Reuters) – Japan’s Nikkei skidded on Friday, wiping out this week’s gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates. The Nikkei 225 fell 1.5% and was on track to end the week mostly flat. MSCI’s broadest index of Asia-Pacific shares outside Japan was off […]