Asian equities see first monthly foreign outflow in four months in August

Government

Asian equities saw sharp outflows in August as worries over U.S. President Donald Trump's tariffs weighed on the outlook for the region's exporters, while a weaker dollar added to margin pressures and competitiveness concerns. Foreigners sold a net $8.8 billion of equities across India, Taiwan, South Korea, Thailand, Indonesia, Vietnam and the Philippines last month, according to data compiled by LSEG, ending a three-month buying streak. Trump last month imposed tariffs of 10 per cent to 50 per

Tag-uri: Donald Trump

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