Asian stocks tumble on global anxieties over inflation

Hong Kong (AFP) May 9, 2022

Asian stocks fell Monday as investors remained anxious over inflation and the ongoing impact of China's Covid lockdown policies, despite an initial Wall Street bounce thanks to a solid US jobs report. Global markets have taken a beating over a series of crises including surging inflation, rising interest rates, China's economic slowdown and the war in Ukraine. Wall Street on Friday saw a