SE Asia Stocks-Rising global tensions drag markets, Singapore cuts GDP forecast
Southeast Asian stock markets fell on
Tuesday, following a major Wall Street selloff as global trade
tensions ramped up amid a stalled U.S.-Sino trade deal and
further tariffs, which kick in on Sept. 1.
A global contagion from protests in Hong Kong, Argentine
President Mauricio Macri’s primary election defeat, and the
U.S.-China tariff spat drove all three major U.S. stock indexes
sharply lower.
U.S. President Donald Trump on Sunday accused
Tuesday, following a major Wall Street selloff as global trade
tensions ramped up amid a stalled U.S.-Sino trade deal and
further tariffs, which kick in on Sept. 1.
A global contagion from protests in Hong Kong, Argentine
President Mauricio Macri’s primary election defeat, and the
U.S.-China tariff spat drove all three major U.S. stock indexes
sharply lower.
U.S. President Donald Trump on Sunday accused
Posted by Reuters