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Asian markets sink on German inflation, British tax cuts

Por: MarketWatch Business September 30, 2022

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The Kospi in Seoul added 0.2% while Sydney’s S&P ASX 200 sank 1%. Benchmarks in New Zealand , Singapore , Taiwan , Malaysia and Indonesia declined. Wall Street’s benchmark S&P 500 index fell 2.1% on Thursday to its lowest level in almost two years after strong U.S. jobs data reinforced expectations the Federal Reserve will stick to plans for more interest rate hikes. Investors increasingly worry the global economy might tip into recession... + full article



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