Asian Stock Markets Plunge Again on fears of US recession
Singapore’s STI falls 4.5 pct on fears of US recession – Reuters – Tue 5:07 pm
SINGAPORE, Jan 22 (Reuters) – Singapore’s benchmark Straits Times Index (STI) fell 4.5 percent shortly after opening trade on Tuesday extending Monday’s losses as investors remained worried over the possibility of a U.S. recession.
Malaysia share index falls on U.S. economic fears – Reuters – Tue 5:07 pm
KUALA LUMPUR, Jan 22 (Reuters) – Malaysia’s benchmark share index fell nearly 2 percent at the opening on Tuesday, after Asian, European, Canadian and Latin American markets tumbled on growing fears the U.S. economy is headed for recession.
[external] Taiwan stocks plunge after global sell-off – Reuters – Tue 5:07 pm
TAIPEI, Jan 22 (Reuters) – Taiwan stocks opened down 6.35 percent on Tuesday, following a global market sell-off that saw the major European indices plunge on fears of a possible recession as New York trading was closed for a holiday.
All investors shall avoid US and Financial market for now on.