Market News

    Asian shares jump as China cuts key lending benchmark

    SHANGHAI, May 20 (Reuters) - Asian shares jumped in early trade on Friday after China cut a key lending benchmark to support a slowing economy, but a gauge of global equities remained set for its longest weekly losing streak on record amid investor worries about sluggish growth.

    Asian shares tumble as global growth fears mount

    BEIJING/HONG KONG, May 19 (Reuters) - Asian stocks tracked a steep Wall Street selloff on Thursday, as investors fretted over rising global inflation, China's zero-COVID policy and the Ukraine war, while the safe-haven dollar held most of its strong overnight gains.