Asian markets sink on German inflation, British tax cuts

BEIJING — Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened. The Nikkei 225 NIK, -2.07% in Tokyo fell 1.8%. The Hang Seng HSI, -0.07% in Hong Kong was about flat while the Shanghai Composite Index SHCOMP, -0.21% … Read more

Asian markets follow Wall Street higher after UK calms markets

BEIJING — Asian stock markets followed Wall Street higher Thursday after Britain’s central bank moved forcefully to stop a budding financial crisis. The Shanghai Composite Index SHCOMP, +0.27% rose 0.83 and the Nikkei 225 NIK, +0.73% in Tokyo gained 0.4%. The Hang Seng in Hong Kong HSI, +1.14% jumped 1%. The Kospi 180721, +1.19% in … Read more

Asian markets slide for the third day in a row on global recession fears

BEIJING — Asian stocks fell for a third straight day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. The Shanghai Composite Index SHCOMP, -1.08% dropped 0.9% and Hong Kong’s Hang Seng HSI, -0.86% lost 0.7%. The Kospi 180721, -1.48% … Read more

Asian markets follow Wall Street lower amid inflation pressure

BEIJING — Asian stock markets followed Wall Street lower on Friday after higher-than-expected US inflation dashed hopes the Federal Reserve might ease off more interest rate hikes. The Nikkei 225 NIK, -1.02% in Tokyo fell 1.1%. The Hang Seng HSI, -0.42% in Hong Kong retreated 0.5%, while the Shanghai Composite index SHCOMP, -0.96% lost 1%. … Read more

Asian markets mixed ahead of latest US jobs data

BEIJING — Asian stock markets were mixed Friday ahead of US jobs data that might influence Federal Reserve plans for more interest rate hikes to cool surging inflation. The Nikkei 225 NIK, -0.04% in Tokyo lost 0.1%. The Hang Seng HSI, -0.62% in Hong Kong fell 0.6% while the Shanghai Composite Index SHCOMP, +0.28% added … Read more

Asian markets rise ahead of possible US rate hike

BEIJING — Asian stock markets were mostly higher Tuesday as investors braced for another sharp interest rate hike by the Federal Reserve to cool inflation. The Shanghai Composite Index SHCOMP, +0.81% rose 0.8% while the Nikkei 225 NIK, -0.06% in Tokyo as about flat. The Hang Seng HSI, +1.49% in Hong Kong gained 1.4%. Alibaba … Read more