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Adyen said that many of its North American customers are cutting back on costs to weather economic pressures, like rising interest rates and higher inflation.

China's financial regulators called for coordinating support to resolve local debt risks, and adjusting policy for real estate loans.

These are the stocks posting the largest moves in midday trading.

Shares of some Chinese companies, ranging from e-commerce giants JD.com and Alibaba to electric vehicle manufacturer Nio, declined in premarket trading Friday.

Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers to step up support for the industry.

Corporate earnings releases are picking up on a few bright spots for China's consumer in a competitive market where people are less willing to spend.

These are the stocks posting the largest moves in extended trading.

Check out the companies making headlines during midday trading Thursday.

China's economic model is "washed up on the beach" and "not going to take off again," which will have a big impact on global markets, says veteran investor David Roche.

These are the stocks posting the largest moves in the premarket.

China signaled it would respond if needed to the Biden administration's executive order to restrict U.S. investments in advanced Chinese technology.

Randall Kroszner, who's now a University of Chicago economics professor, believes rates are staying high into well next year.