HONG KONG (AFP): Fears over a spike in infections around the world, the reimposition of containment measures and China-US tensions pushed Asian equities lower Tuesday (July 14), while oil prices were also hit by speculation top producers will begin tapering their output cuts.
And news that Singapore's economy, considered a regional barometer, contracted a mind-boggling 41 per cent in the second quarter provided a stark reality-check for traders.
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