BEIJING—Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong, and Seoul declined. Oil prices fell by more than $1 per barrel. Japanese markets were closed…

BEIJING—Global stock markets sank Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more increases. London and Frankfurt declined after Switzerland’s central bank also raised its benchmark lending rate by its biggest margin to date. Shanghai, Tokyo, and Hong Kong declined. The dollar rose…

LONDON—Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilization over Ukraine and accused the West of “nuclear blackmail.” European currencies came under fire, with the euro dropping 0.4 percent to $0.9932 and sterling last down…