Dow Futures Tick Higher as Indices Continue Historic Rout

By Oliver Gray – U.S. stock futures were trading slightly higher during Tuesday’s evening deals, after major benchmark indices continued to fall on slowing global growth concerns and higher interest rates, with the trading at fresh yearly lows while the officially entered bear market territory, down 20% from its recent highs. By 7:05:pm ET … Read more

Liz Truss’s Historic Gamble With the UK Economy Is Already Unraveling

(Bloomberg) — Liz Truss’s plan for growth, melding the biggest tax giveaway in half a century with Thatcherite deregulation, is a straight-up gamble with Britain’s future, and even before her chancellor of the exchequer had finished delivering it on Friday the bet was starting to sour.   The market’s verdict on the £220 billion policy … Read more

Hong Kong stocks hit lowest level in a decade after historic Fed rate hike

Hong Kong, Sep 22 (IANS) Hong Kong stocks hit their lowest level in more than a decade on Thursday and other Asian markets also fell after the US Federal Reserve raised rates by 75 basis points and forecast even more hikes ahead, fuelling concerns about a recession, media reports said. The fell as much as … Read more