Asian stocks in retreat, Australian All Ordinaries declines 57 points

Lola Evans
07 Oct 2022, 16:33 GMT+10

Stock markets in Asia continued to slide on Friday.
The Australian All Ordinaries fell 57.40 points or 0.82 percent to 6,976.10.
Japan's Nikkei 225 retreated 195.19 points or 0.71 percent to 27,116.11.

SYDNEY, NSW, Australia - Stock markets in Asia continued to slide on Friday.

The Australian All Ordinaries fell 57.40 points or 0.82 percent to 6,976.10.

In New Zealand, the S&P/NZX 50 dropped 23.41 points or 0.19 percent to 11,103.79.

Japan's Nikkei 225 retreated 195.19 points or 0.71 percent to 27,116.11.

In Seoul, South Korea, the Kospi Composite lost 2.91 points or 0.13 percent to 2,234.95.

The Hang Seng in Hong Kong let go 272.10 points or 1.51 percent to 17,740.05.

China's Shanghai Composite remained close for Golden Week.

The U.S. dollar strengthened across the board Friday during the Asian trading zone. The euro dipped to 0.9780 by the Sydney close. The British pound dived to 1.1139. The Japanese yen weakened to 144.98. The Swiss franc softened to 0.9902.

The Canadian dollar was lower at 1.3751. The Australian dollar eased to 0.6397. The New Zealand dollar was little changed at 0.5640.

Overnight on Wall Street, the Dow Jones industrials shed 346.93 points or 1.15 percent to 29,926.94.

The Nasdaq Composite fell 75.33 points or 0.68 percent to 11,073.31.

The Standard and Poor's 500 dropped 38.76 points or 1.02 percent to 3,744.52.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Korea Times.

More Information

53 ℉

Drizzle in Statesville

International

Section

Israeli ambassador extends thanks to U.S. president after UN vote

Israel has acknowledged and thanked the United States and President Joe Biden for standing firmly by Israel's side at the ...

E-bike's battery catches fire in New York, killing 1, injuring 6

NEW YORK: This week, New York City officials said that one person was killed and six others were injured when ...

United Kingdom passes on crucial vote to end war in Gaza

NEW YORK, New York - The United Kingdom refrained from supporting demands for a ceasefire in the two-months long Israel-Gaza ...

United States strikes down international demand for ceasefire

NEW YORK, New York - The U.S. was alone on Friday in a 13-1 vote for a ceasefire in the ...

Ex-US ambassador to Bolivia arrested for working for Cuba

WASHINGTON D.C.: The Associated Press (AP) reported that Manuel Rocha, a former American diplomat who served as U.S. ambassador to ...

Wisconsin man who firebombed anti-abortion group office pleads guilty

MADISON, Wisconsin: On November 30, Hridindu Sankar Roychowdhury from Wisconsin pleaded guilty to firebombing a conservative anti-abortion group's office on ...

Business

Section