-- Global funds are offloading emerging Asia equities outside of China in droves as broader risk appetite cools amid concerns over a stronger dollar, higher borrowing costs and geopolitical tensions.Foreign investors have dumped nearly $11 billion of shares in October, taking the three-month selloff to about $27 billion, according to latest data compiled by Bloomberg.
Foreigners have pulled more than $4 billion worth of shares from Taiwan this month, while redeeming more than $2 billion from Korean and Indian markets. Meanwhile, China’s stock market also continues to see outflows amid persistent concerns about the health of the property sector as well as the weak broader economic recovery.
Ex-Trump Education Secretary Betsy DeVos, who last year said the department she once led 'should not exist,' maxes out political contributions to Michigan GOP Senate candidate Mike Rogers -- BlackBerry Ltd. Chief Executive Officer John Chen will leave the software company this week, ending a decade-long tenure that failed to deliver a turnaround in its fortunes.
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