ASX set for heavy falls as Wall Street tumbles to lowest in a year; $A dives below US70c - Sydney Morning Herald

Wall Street has closed at its lowest point in more than a year as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.

Authorities in Shanghai have again tightened restrictions, amid citizen complaints that it feels endless, just as the city was emerging from a month of strict lockdown after an outbreak. The fear is… [+3166 chars]

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