Asian markets slump at midday


KUALA LUMPUR: Asian markets slumped for the seventh day - the longest losing streak in two years - at midday on worries about China.

Most major Asian markets fell some 1% to 2% on mounting concerns that China may increase measures to slow its economic growth as well as forecasts of declining company profits.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI higher as Wall Street overnight cues positive
Trading ideas: Scientex, Solarvest, Supermax, Salcon, Pentamaster, Globetronics, Mr DIY, MCE
Salcon unit bags RM9.7mil sewerage deal
Brisk sales for Sunway’s Velocity 3
Scientex to deploy large-scale solar PV system
Velesto poised to see stronger earnings in 2024
Minimal impact forecast for breweries from beer price hike
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings

Others Also Read