Shares rose in Japan, but fell in South Korea and Australia. Futures for Hong Kong equities pointed to small losses. Contracts for US stocks were slightly lower after the S&P 500 gained 0.4 percent and the tech-heavy Nasdaq 100 rose almost 1 percent on Monday,
Most Asian markets sank Tuesday as further weakness in China's economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a recession.Meanwhile, US Treasury Secretary Janet Yellen warned about the effects of China's weakness on the global economy.
Most Asian markets sank Tuesday as further weakness in China s economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a recession.
Markets drop as China growth worries offset Fed rate hopes philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.