Asia stocks bleed as US, China drop the gloves |
Singapore. ASIAN stock markets plunged into the red on Monday, as the tit-for-tat tariff war between the world's two largest economies fired up anew, pushing a truce even further away. The dimming outlook proved alarming enough for UBS, the world's largest wealth manager, to underweight stocks for the first time since the euro zone debt crisis.
Posted: 2019-08-27 00:15:00
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