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China's national team steps in as regional markets strain

China's national team came to the rescue of stocks as bearish signs flashed across the market .

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China's national team came to the rescue of stocks as bearish signs flashed across the market [money#21].

The intervention came as selling pressure spread through the region, with Indonesian stocks continuing to plunge as fears of a downgrade deepened [money#17].

Earlier, Asian tech shares plunged after a Chinese chipmaker reported a key advance, adding to volatility in regional markets [money#3].

Japan stood out against that backdrop, with deals reaching an all-time high on foreign buyers [money#2].

The strain extended beyond equities, as support was urged for poorer nations facing high inflation and war spillovers [money#12].

The euro slid to fresh lows against the dollar and the pound despite rate hikes [money#7].

Australian home prices tumbled as tax rules and rate hikes bit [money#13].