NEW YORK: Asian stocks fell after President Donald Trump’s move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim risky bets. A decline in US stocks at the end of trading also hurt sentiment.
Equity indexes in Hong Kong and mainland China dropped at the open and a regional gauge of shares fell for a second consecutive day. The yield on ten-year Treasuries slid two basis point to 4.4 per cent in early Asian trading while gold touched a record Monday (Feb 24) on demand for safe havens.
