Craving for 'Heng Hwa mee sua'? Head over to Jalan Ipoh's Restoran Riverview Small Village for the noodles and other tasty dishesAn electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China, October 25, 2022.
The recent fall in global markets, a spike in jitters, and a shaky dollar “looks like global risks emerging”, Zhang Chi, strategist of Sinolink Securities, wrote in a note. Global volatility spiked as investors stayed concerned about the Gaza conflict spreading, while it’s not yet certain that global rate hikes are over, Maybank wrote in a note on Monday.
“It’s a man-made crisis” caused by well-intended, but ineffective policies, said Yang, general manager of asset manager Tongheng Investment.