Asia markets fall as New Zealand hikes rates to 14-year high; Hong Kong releases budget

Asia markets fall as New Zealand hikes rates to 14-year high; Hong Kong releases budget

Upworthy

Published

Asia-Pacific markets were lower on Wednesday after Wall Street's sharp losses overnight, and New Zealand's central bank continued to hike its benchmark interest rate. The Reserve Bank of New Zealand hiked rates by 50 basis points to 4.75%, the highest in over 14 years, to tame inflation. The…

#newzealand #spasx200 #nikkei225 #topix #kospi #kosdaq #hangseng #hangsengtech #hongkong #paulchan

Full Article