WELLINGTON — Markets started the week gripped by a fresh bout of risk aversion, as Asian stocks slipped with energy-linked currencies amid further hemorrhaging in crude oil prices. Demand for haven assets supported government debt and gold.
Japan’s Nikkei 225 Stock Average was on the cusp of a bear market as Chinese shares fluctuated. Sovereign bonds in the region climbed, and the cost of protecting against corporate defaults in Australia rose to a three-year high. Brent crude dipped below US$28 (S$40.3) a barrel, with Nomura Holdings ...
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