Below is an extract of a post published on Guardian titled "Asian stock markets dive as Trump attacks 'crazy' US rate hikes"
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Via: Guardian
President adds to borrowing costs concern as China tension fuels febrile market mood Shares in the Asia-Pacific region dropped sharply on Thursday following a big sell-off on Wall Street overnight as Donald Trump condemned “crazy” US interest rate hikes. The Nikkei index in Tokyo fell more than 3% at the opening of trade, while in Sydney the benchmark S&P/ASX200 index was down almost 2%, slipping below the 6,000-point mark for the first time since early June. Related: Crazy Rich Asians can teach us about the region’s economic rise | Kenneth Rogoff Continue reading…
