SINGAPORE (Oct 29): The rising risk aversion among global investors has been the product of geopolitical and economic risks that are not specific to Asia, yet they have taken a toll on Asian equities and currencies in the past two weeks. The unrelenting flow of bad news has not helped the mood. The serious deterioration in US-Chinese ties and the potentially grave implications for Middle East stability of the shocking murder of Saudi dissident Jamal Khashoggi have unnerved investors. Continuing worries about trade wars and the further slowing of the global economy, especially in China, have added to the sense of foreboding among investors.

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