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Japan's Nikkei share average fell 2.5% on Wednesday, mirroring Wall Street's overnight declines, with technology stocks leading the losses. The index dropped as much as 4.65% before recovering slightly, as investors eyed potential buying opportunities below the 50,000 mark. Despite the dip, analysts anticipate a slow but steady rise for the Nikkei in the future.
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Marks & Spencer's online and in-store sales were hit by a cyber attack which it said cost it 101m
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Indian bond traders have urged the Reserve Bank of India to intervene by purchasing government debt and adjusting auction rules to alleviate market pressure. They specifically requested open market operations and a shift to uniform pricing at auctions to lower borrowing costs and boost investor confidence amid elevated yields and tight liquidity.
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