Stocks in Asia fell Wednesday on the prospect of continued aggressive Federal Reserve monetary tightening and as traders assessed a possible uptick in tension between China and Taiwan. Equities slid in Japan, Australia and South Korea. Futures shed more than 2% for Hong Kong, possibly reflecting the risk of mounting friction between Beijing and Taipei after Taiwanese soldiers fired shots to ward off civilian drones. US-listed Chinese equities fell Tuesday amid those developments. Contracts for the S&P 500 and tech-heavy Nasdaq 100 fluctuated after Wall Street shares hit a one-month low. Robust US labor demand and consumer confidence data added …
