Emerging-market stocks have longest selloff in year on tech rout

📆 18.07.2024 12:46:00
📰 BNNBloomberg

⏱ Reading Time:
28 sec. here
16 min. at publisher
📊 Quality Score:
News: 63%
Publisher: 50%

Bonds Nachrichten

Business,Company News,White House

Emerging-market stocks headed for the longest streak of losses in almost a year as rising fears of a trade war between the U.S. and China hit Asian tech companies.

The Port of Keelung in Keelung, Taiwan, on Thursday, Aug. 4, 2022. --

Taiwan Semiconductor Manufacturing Co. fell as much as four per cent after former U.S. President Donald Trump questioned whether the U.S. has a duty to defend Taiwan, speaking in a Bloomberg Businessweek interview. The U.S. is also mulling stricter chip curbs on China, Bloomberg News reported, triggering a tech stock selloff as investors pondered the fallout for the world’s largest semiconductor arena.

Asian tech stocks pared losses after TSMC lifted projections for 2024 revenue growth and said quarterly results beat estimates.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Saudi Arabia Dethrones China as Top Emerging-Market BorrowerSaudi Arabia has displaced China as the most prolific issuer of international debt among emerging markets, breaking Beijing’s 12-year run at the top.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Morning Bid: Asian stocks at 2-year high; China, Indonesia set ratesInvestors in Asia go into Thursday in a bullish mood with Asian stocks at two-year highs, boosted by strength in tech and calm across global markets that is ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »