Lola Evans
22 Sep 2022, 16:34 GMT+10
TOKYO, Japan - Stocks in Asia continued sliding Thursday, extending losses related to the U.S. Federal Reserve's aspirations to stamp out inflation by aggressively hiking interest rates.
In Japan, the Nikkei 225 dropped 152.29 points or 0.56 percent to 27,160.54.
New Zealand's S&P/NZX 50 went against the trend, adding 19.37 points or 0.17 percent to 11,518.32.
In South Korea, the Kospi Composite slid 15.73 points or 0.67 percent to 2,331.48.
The Australian stock market was closed for a public holiday.
In Hong Kong, the Hang Seng dived 296.67 points or 1.61 percent to 18,147.95.
China's Shanghai Composite closed down 8.27 points or 0.27 percent at 3,108.91.
The U.S. dollar continued to climb. The euro was knocked down to 0.9820 by the close in Tokyo Thursday. The British pound sank to 1.1226. The Japanese yen was sharply lower at 145.19. The Swiss franc inched down to 0.9657.
The Canadian dollar slumped to 1.3527. The Australian dollar slipped to 0.6595. The New Zealand dollar tumbled to 0.5821.
Overnight on Wall Street, the Dow Jones industrials shed 522.45 points or 1.70 percent to 30,183.78.
The Nasdaq Composite declined 204.86 points or 1.79 percent to 11,220.19.
The Standard and Poor's 500 dropped 66.00 points or 1.71 percent to 3,789.93.
Get a daily dose of Mexico Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Mexico Star.
More InformationGUATEMALA CITY - Heavy rains set off a landslide in Guatemala's capital early Monday sweeping several humble homes into a ...
New Delhi [India], September 26 (ANI): Prime Minister Narendra Modi on Tuesday said that the consensus on the Delhi declaration ...
In what could be a preview of their strategies for the 2024 presidential election, both President Joe Biden and former ...
Venice's history, art and architecture attract an estimated 20 million visitors every year. The city, a Unesco World Heritage site, ...
GUATEMALA CITY - Heavy rains set off a landslide in Guatemala's capital early Monday sweeping several humble homes into a ...
BANGKOK - Organized crime gangs behind Asia's so-called 'scamdemic' have set up remote bases in Myanmar's border area with China ...
MADISON, Wisconsin: Last week, five flamingos were seen along a Lake Michigan beach in Wisconsin, attracting a large crowd of ...
LONDON, UK: The UK government said over the weekend that it could downscale the scope of the High Speed 2 ...
LAHAINA, Hawaii: This week, officials are expected to begin lifting restrictions on entry to the burn zone in Lahaina, Hawaii, ...
LONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...
GAINESVILLE, Florida: Local police report stopping children, ages 10 and 11, who had driven their family car 200 miles, in ...
Washington, D.C.: This week, the U.S. Court of Appeals for the Federal Circuit suspended 96-year-old Judge Pauline Newman from hearing ...