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 mostly gain despite global technology downturn

TOKYO — Asian shares mostly gained Tuesday amid a global fall in technology shares, including Japan’s SoftBank, which has reported heavy losses caused by the market downturn. Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a … Read more

Asian markets rise modestly ahead of US jobs data

BEIJING — Asian stock markets rose Friday ahead of an update on the health of the US jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. US futures ES00, +0.19% YM00, +0.23% and oil prices edged higher. Investors were looking ahead to monthly US employment numbers for … 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