July 24 : World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40 per cent rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.MSCI's a

July 24 : World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40 per cent rise in oil prices this month…

SYDNEY, July 24 : Asian shares sank on Friday as a near 40 per cent rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling…