- Asian stocks headed for declines after US stocks fell and government bonds and the dollar rallied as fresh turmoil at Credit Suisse Group AG roiled markets days after the collapse of three American lenders, casting doubt on whether the Federal Reserve will increase interest rates next week.
- Australian shares and equity futures for markets in Japan and Hong Kong dropped. US futures showed fledgling signs of stability after the S&P 500 fell 0.7% Wednesday. The US benchmark pared earlier losses after Switzerland’s central bank said Credit Suisse would receive a liquidity backstop if needed.