Asian markets plunge after Wall St batteringA woman walks past Exchange Square which houses the Hong Kong Stock Exchange in Hong Kong on April 27, 2022. (AFP file photo)Asian markets posted big early losses Thursday, after Wall Street suffered one of its worst batterings in two years in the previous session. On Thursday morning, Hong Kong was down by more than three%, while Tokyo was down by about 2.5%. Among the biggest losers in Hong Kong was Chinese tech giant Tencent, whose stocks fell more than eight% on lacklustre first-quarter results. The unemployment rate dipped to 3.9%, the official statistics body said, the lowest rate since 1974.

Source: Bangkok Post May 19, 2022 09:27 UTC