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China's "national team" came to the rescue of the country's stocks as bearish signs flashed across the market [money#21][money#22].
The move came as selling pressure spread through the region, with Indonesian stocks continuing to plunge as fears of an MSCI downgrade deepened [money#17].
Earlier in October, Asian tech shares had plunged after a Chinese chipmaker reported a key advance, adding to volatility in regional markets [money#3].
The strain extended beyond equities. The IMF urged support for poorer nations facing high inflation and war spillovers [money#12], while the euro slid to fresh lows against the dollar and the pound despite ECB rate hikes [money#7].
In Australia, home prices tumbled as tax rules and rate hikes bit [money#13].