Sentiment toward emerging-market assets turned more bearish as oil slumped below $36 a barrel and concern lingered that the slowdown in China will affect global growth.
Measures of developing-nation stocks and currencies fell for a third day, and are set for the biggest annual losses since 2011 and 1997, respectively. Chinese shares traded in Hong Kongled declines in Asia on Wednesday, while the offshore yuan dropped to a five-year low on speculation the central bank will...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team