Trump tariffs send some Asian stocks plunging to worst levels since global financial crisis
A rout in stock markets across the globe as investors fear a possible recession, given the sweeping US tariffs. Hong Kong stocks plunged the most in almost three decades, while Beijing intervened to help stabilise markets. Meanwhile, Taiwan's top financial regulator is preparing to impose temporary curbs this week on short-selling. Mr Florian Weidinger, chief investment officer at Santa Lucia Asset Management in Singapore, shared more about one of the worst trading days for Asian equities since the global financial crisis.
A rout in stock markets across the globe as investors fear a possible recession, given the sweeping US tariffs. Hong Kong stocks plunged the most in almost three decades, while Beijing intervened to help stabilise markets. Meanwhile, Taiwan's top financial regulator is preparing to impose temporary curbs this week on short-selling. Mr Florian Weidinger, chief investment officer at Santa Lucia Asset Management in Singapore, shared more about one of the worst trading days for Asian equities since the global financial crisis.
Popular Shows
