Asian shares are sharply lower, Tokyo tumbles 4% after Wall Street retreat
- Asian shares fell sharply on Monday after Wall Street's decline due to concerns over inflation and a slowing U.S. Economy.
- Tokyo's benchmark index dropped nearly 3.9% to 35,691.52, with other Asian markets also experiencing losses.
- A University of Michigan survey indicated that two out of three U.S. Consumers expect worsening unemployment, the highest level since 2009.
- Concerns about tariffs introduced by President Donald Trump contribute to market volatility, raising fears of a stagflation scenario.
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29
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14
Lai urges steps to stabilize Taiwan's economy as U.S. tariffs loom - Focus Taiwan
Taipei, March 31 (CNA) President Lai Ching-te (賴清德) has told Premier Cho Jung-tai (卓榮泰) to take steps to guarantee Taiwan's economic stability ahead of the United States’ expected imposition of “reciprocal tariffs” on Wednesday.
·Taiwan
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Total News Sources140
Leaning Left20Leaning Right14Center29Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 32%
C 46%
R 22%
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