HONG KONG: Markets tumbled on Thursday, tracking a sell-off on Wall Street, while the dollar jumped further as surging inflation, interest rate hikes and recession fears returned to the fore.

Traders in Europe were keeping tabs at Westminster a day after United Kingdom Prime Minister Liz Truss' government was plunged into a fresh crisis and facing collapse following the resignation of home secretary Suella Braverman.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details