International News

Asian stocks struggle on US election worries

HONG KONG, Oct 31, (APP/AFP) – Asian traders moved cautiously Monday as news that the FBI would further probe Hillary Clinton’s emails fuelled fresh uncertainty about the outcome of the US presidential election just eight days before the vote. Traders globally had broadly expected Democratic candidate and Wall Street favourite Clinton to sweep to victory, with her rival Donald Trump considered a loose cannon. But FBI chief James Comey’s announcement that the bureau was again looking at her use of a private email server while secretary of state sent shudders through trading floors, with US stocks tumbling and the dollar taking a hit. The sell-off filtered through to Asia, where dealers are also nervously awaiting a series of key events this week, including central bank policy meetings in Japan and the US and the release of US jobs figures Friday.