Asian Stocks Are Caught in the Longest Sell-off in 16 Years
“Asian stocks have been caught in the middle of increasing trade tensions as well as the rising dollar and emerging market contagion, and certainly China weakness is also adding fuel to the fire,” said Nader Naeimi, head of dynamic markets at AMP Capital Investors Ltd. Most individual Asian stock markets fell Wednesday, with Japan’s Topix index closing 0.5 percent lower while the Hang Seng Index fell further into bear market territory with a 0.3 percent drop.