Asia Stock Outflows: Iran Conflict Triggers $11B Sell-Off | Bloomberg
Global investors have pulled $11 billion from Asian emerging market equities, excluding China, in the past week, marking the largest outflow since March 2022, as escalating conflict in Iran prompts a reassessment of risk, according to data compiled by Bloomberg. The sell-off was particularly pronounced on Taiwan, where investors withdrew a record $7.9 billion. South … Read more