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Stock market unwinding has further to go despite latest sell-off, say analysts
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Stock markets across the Asia-Pacific plunged on Aug 5, driven by fears of a possible US recession, a tech-stock sell-off and a surging yen.
PHOTO: AFP
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SINGAPORE – The carnage across global stock markets this week is forcing investors here and elsewhere to take a hard look at their portfolios in the light of concerns over the United States economy.
Stock markets across the Asia-Pacific plunged on Aug 5, driven by fears of a possible US recession, a tech stock sell-off and a surging yen.
