Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other.
* Asian shares start Sept up on hopes for US-China trade
Aug 13 China's top technology, e-commerce and
consumer electronic firms are set to report a sharp slowdown in
revenue growth for the June quarter, as a bruising trade war
with the United States weighed on the Chinese economy and hurt
Foreign investors dumped Asian equities in the first six days of August after two months of buying, as the United States ramped up pressure on China with a $300 billion trade barrage last week.
BENGALURU India Inc has turned in its most disappointing quarterly numbers in at least three years and analysts warn hopes for any festive season cheer are likely to be dashed by a slowing economy.
Asian firms have cut back capital spending this year, and that means a recovery in regional earnings, jobs and overall demand could take a while.
Falling global interest rates and the promise of respite in long-running Sino-U.S trade tensions are luring investors seeking decent yields to emerging Asian bonds.
Foreign investors turned net buyers of Asian stocks in June as optimism ahead of a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, along with expectations of U.S. interest rate cuts bolstered sentiment.
As domestic economic concerns overtake last month's national election euphoria, India's stock market rally has lost steam and the index is lagging its Asian peers.