Asian stocks sink after Fed's hike signal, Trump-Kim summit

Updated 2:31 am, Thursday, June 14, 2018

Photo: Shuji Kajiyama, AP

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People walk by an electronic stock board of a securities firm in Tokyo, Thursday, June 14, 2018. Asian stock markets slumped on Thursday with South Koreans stocks plunging 1.6 percent on the first day of trading after an unprecedented summit between leaders of North Korea and the United States. Stocks plunged after Federal Reserved hiked its key rate and signaled an acceleration in its pace of rate increase. less People walk by an electronic stock board of a securities firm in Tokyo, Thursday, June 14, 2018. Asian stock markets slumped on Thursday with South Koreans stocks plunging 1.6 percent on the first day of … more Photo: Shuji Kajiyama, AP

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A woman reads a book in front of an electronic stock board showing Nikkei’s stock index in Tokyo, Thursday, June 14, 2018. Asian stock markets slumped on Thursday with South Koreans stocks plunging 1.6 percent on the first day of trading after an unprecedented summit between leaders of North Korea and the United States. Stocks plunged after Federal Reserved hiked its key rate and signaled an acceleration in its pace of rate increase. less A woman reads a book in front of an electronic stock board showing Nikkei’s stock index in Tokyo, Thursday, June 14, 2018. Asian stock markets slumped on Thursday with South Koreans stocks plunging 1.6 percent … more Photo: Shuji Kajiyama, AP

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A drink vendor moves past an electronic stock board of a securities firm in Tokyo, Thursday, June

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