Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve's warning that still higher interest rates are in store following its latest increase, the AP reported. Oil prices fell while U.S. futures edged higher. Tokyo's Nikkei 225 lost 0.4% to 28,051.70 and the Hang Seng in Hong Kong sank 0.9% to 19,498.32. The Kospi in Seoul gave up 1.3% to 2,367.91. The Shanghai Composite index edged 0.1% lower to 3,173.21 and Australia's S&P/ASX 200 shed 0.6% to 7,204.80. Shares fell in Taiwan and Bangkok but rose in Mumbai. Brent crude, the pricing basis for international trading, shed 46 cents to $82.24 per barrel. The U.S. dollar rose to 135.66 Japanese yen from 135.46 yen. The euro fell to $1.0657 from $1.0682.
