35 days ago • Posted by William Ramstein
Firms linked to commodities led the stock fallout in Asia
The stocks have fallen for a second day amid growing global concerns over inflation and rumblings by the Chinese government about climbing material prices. Energy fell the most among the regional benchmark’s 11 industry groups, as stocks including PetroChina Co. and Yanzhou Coal Mining Co. tumbled 5%-10%. Metal prices also tumbled with iron dropping 6.5% and coal 7.5%.