The losses have been caused by global inflation, which is driving up the cost of doing business, while leaving consumers with less spending money.
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World shares sink after retreat on Wall Street
Shares dropped sharply in Asia after a broad retreat on Wall Street triggered by dismal results from major retailer Target Source: Getty / Ahn Young-joon/AP
The losses have been caused by global inflation, which is driving up the cost of doing business, while leaving consumers with less spending money.
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By Claire Slattery, Claudia Farhart
Source: SBS News
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