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TOKYO (AP) – Global shares were mixed yesterday as a wait-and-see mood set in following another – though more modest – day of sell-offs on Wall Street. Worries about inflation are weighing on investors’ minds, including in Asia. Inflation data for Singapore released earlier in the week showed inflation was still going strong, with core […]
Chinese stocks are holding their own even as aggressive liquidity tightening and recession worries trigger sell-offs in the US and Europe. With much of the bad news priced in and efforts to stabilise the economy bearing fruit, investors who cut their China exposure would be wise to revisit their position.
"It does feel to me like I'm living through 1999 ... this feels like the new one," said Duncan MacInnes, an investment director at a $32 billion investment firm.