Asian markets, US futures tumble after Fed signals a March rate hike
CNN
Asian markets and US futures are tumbling Thursday as investors weigh the likelihood that the US Federal Reserve will raise interest rates later this spring.
Investors worry higher US rates could cause capital to leave Asia's emerging markets and spur the depreciation of currency in the region, causing financial turbulence.
Japan's Nikkei (N225) slid 3.3% by afternoon trading, deepening earlier losses.
The judge who oversaw Donald Trump’s criminal hush money trial in New York on Friday informed the former president’s defense team and prosecutors with the Manhattan district attorney’s office that a comment was posted on the New York State Unified Court Systems’ public Facebook page last week by a poster who claimed to be a cousin of a juror, saying that Trump would be convicted.