Japan fights its biggest wildfire in decades
https://m.youtube.com/watch?v=_6tql4Le_0Q
Exporter- and chip-related stocks slid on concerns about the global trade war.
A stronger yen added to pressure on exporters’ shares.
That weakening of the US economy is going to keep weighing on stocks in countries like Japan that are big exporters to the US.
“Some investors had still been assuming America’s closest allies would be spared from a trade fight, or that Trump wouldn’t ultimately go through with these threats.”
The Nikkei gauge has declined more than 10% since end-December, while the Topix has dropped over 4%
Return to ASIA, OCEANIA & AFRICA: Data, News & Commentaries
Users browsing this forum: No registered users and 17 guests