. THE SYDNEY MORNING HERALD (AUSTRALIA)
ASX tumbles after Wall Street slide; ex-dividend BHP sends miners lower
The Australian sharemarket was trading 2 per cent lower around lunchtime on Wednesday as shares of the mining heavyweight fell 6.4 per cent.
. RTT NEWS (US)
Asian Markets Track Global Markets Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from global markets overnight
. CNBC (US)
European markets set to start September on a negative note
European markets are set for a negative start to the new trading month, having closed out August lower as traders grapple with fears of higher interest rates and a looming economic downturn
. REUTERS (UK)
Oil falls on greater supply, lower China demand
Oil prices fell in early Asian trade on Thursday, led lower by increased supply and worries that the global economy could slow further with renewed restrictions to curb Covid-19 in China.
Gold hits six-week trough on stronger dollar, rate hike worries
Gold prices slipped to a more than one-month low on Thursday, as the dollar firmed and prospects of the U.S. Federal Reserve continuing with its aggressive policy tightening stance weighed on the zero-yielding bullion’s appeal.
. THE FINANCIAL TIMES (UK)
We should stop bashing share buybacks
They play an important role in facilitating the reallocation of capital
. THE WALL STREET JOURNAL (US)
S&P 500 Drops 4.2% in August; Fed Is in Focus
U.S. stocks fell across the board Wednesday, marking the fourth straight day of declines driven by an expectation of tighter Federal Reserve policy. Major indexes slid between 4% and 5% in August, their worst monthly performances since June.