Asian Equities

asia: Asia's regional benchmark has slumped about 6.5 percent in the past year, with the MSCI Asia Pacific Index still not recouping all of the losses during the global market rout if late 2018, according to The Japan Times. By contrast, the U.S. S&P 500 is up 11 percent, hitting all-time highs as recently as Tuesday. ; Several themes have been playing out in Asia A strengthening U.S. dollar has hurt investment flows to emerging markets. After years of trading in line with American stocks, Asian equities are no longer moving in tandem. Weakening currencies prompted a number of Asian central banks to raise rates, coloring domestic growth prospects. The U.S.-China trade war disproportionately affected Asian equities, as economies including Japan's and South Korea's saw their exports walloped. Technology stocks, the sector with the largest weighting in Asia Pacific gauge, have slumped amid concerns surrounding chip demand. (news.financializer.com). As reported in the news.