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China's state-backed "national team" moved to rescue the country's stocks as markets flashed bearish signs [money#21].
Indonesian stocks continued to plunge as downgrade fears deepened [money#17].
Asian tech shares had already plunged after a Chinese chipmaker reported a key advance [money#3].
Japan offered contrast: M&A deals reached an all-time high on foreign buyer interest [money#2], and investors turned to Japanese government bonds as a safe haven as stock risks rose, per Nikkei Asia.
The euro slid to fresh lows against the US dollar and the British pound despite ECB rate hikes [money#7].
The selloff is unfolding against a fragile global backdrop: the IMF is urging support for poorer nations facing high inflation and war spillovers [money#12].