Asian stocks slump on profit-taking after US-NKorea tensions
August 11, 2017
SEOUL, South Korea (AP) — Asian stock markets slumped on Friday following overnight losses on Wall Street as U.S. President Donald Trump's bellicose remarks prompted investors to unload shares in companies that have been on the rise in recent months.
KEEPING SCORE: South Korea's Kospi sank 1.8 percent to 2,316.88 and Hong Kong's Hang Seng shed 1.5 percent to 27,041.83. Shanghai Composite Index fell 0.7 percent to 3,238.53. Australia's S&P/ASX 200 dropped 1.1 percent to 5,696.80. Stocks in Taiwan, Singapore and other Southeast Asian countries were also lower. Japan was closed on a public h...