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Asian Markets Tumble on Wall Street Rout, Pound Slumps

mei 06, 2022by Reacties uitgeschakeld voor Asian Markets Tumble on Wall Street Rout, Pound Slumps

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HONG KONG – Asian equities tumbled Friday following a rout on Wall Street fueled by worries over rising interest rates and surging inflation, while the pound extended losses the day after taking a beating on fears of a U.K. recession.

Global markets have been battered this year by a series of crises including surging inflation, rising interest rates, China’s economic slowdown and the war in Ukraine.

There w

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