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Published 2 years ago

Asia stock markets sell off; Hong Kong’s Hang Seng down 3% and Tencent shares plunge 8%

Summary by Ground News
An Asia-Pacific equity index shed about 1.5%, led by losses in Japan and in Chinese technology firms. US and European futures wavered but came off session lows as traders evaluated whether a 4% plunge in the S&P 500 index might give way to dip-buying. Yield premiums on US investment-grade corporate dollar bonds jumped five basis points Wednesday.

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ReutersReuters

Shares slump as retail giants sound stagflation alarm

Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting.

2 years ago·United Kingdom
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CNBCCNBC

Asia stock markets sell off; Hong Kong's Hang Seng down 3% and Tencent shares plunge 8%

Major indexes on Wall Street declined more than 3.5% overnight, with the Dow Jones Industrial Average closing at its lowest since March 2021.

2 years ago·United States
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IBTimesIBTimes

Asian shares tumble as global growth fears mount

British inflation surged to its highest annual rate since 1982 as energy bills soared, while Canadian inflation rose to 6.8% last month, largely driven by rising food and shelter prices.

2 years ago·United States
Read Full Article
The Straits TimesThe Straits Times

Asia stocks extend market rout on inflation and growth fears; STI down 1.4%

Mounting fears of an economic downturn amid high inflation are spurring a flight to safe havens. . Read more at straitstimes.com.

2 years ago·Singapore
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BloombergBloomberg

Stocks Swing Lower in Seesaw Session; Bonds Gain: Markets Wrap

Track the global equity, currency & commodity markets here.

2 years ago·United States
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Daily MaverickDaily Maverick

Business Maverick: Stocks drop in Asia as traders mull growth worries: markets wrap

Stocks slid on Thursday on fears of an economic downturn, though cooling demand for havens like bonds hinted at slightly steadier sentiment.

2 years ago·South Africa
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