1. Chinese sell-off as Scottish Mortgage falls 4%
Scottish Mortgage Investment Trust, where Tencent, Meituan and Alibaba are among its top 10 holdings, was down 4% in early trade, near 18-month lows.
2. Damage limitation in Sunak’s budget
What had initially appeared to be book-balancing exercise is now likely to be one of damage limitation, with the Chancellor expecting to pull a few rabbits out of the hat to spare consumers while price rises are at their worst.
3. Tesla ups prices as inflation hits
The EV maker raised prices for its Model 3 and Model Y cars in China and the US by around 5%, following a hike on 10 March.
4. Footsie finishes a touch lower
The FTSE 100 index closed 17.77 points, or 0.25% lower at 7,175.70 on Tuesday hauled back from a hefty session low of 7.075.82 by early gains on Wall Street.
5. FCA received over 6,000 cryptoasset scam reports in 2021
Capital Block, the cryptocurrency consultancy firm, uncovered via a freedom of information request that the FCA received 6,372 reports of scams in 2021, up from 3,143 the year before.
Let's take a look ahead at some of tomorrow's news
Updates from Fevertree Drinks (AIM:FEVR), Restaurant Group, the Fed hike and many more....