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Markets

Asian stocks split by exposure to trade war

China-reliant Indonesia and Vietnam plod while India nears record highs

A man walks on a wall with a view of Mumbai's financial district. Investors are piling into India for its insulation from the U.S.-China trade war.
A man walks on a wall with a view of Mumbai's financial district. Investors are piling into India for its insulation from the U.S.-China trade war.   © Reuters

TOKYO -- Asian stock markets seen as shielded from the Sino-American trade war are rallying strongly, with Indian equities in all-time high territory Thursday, while more Beijing-dependent markets like Vietnam and Indonesia have been slower to recover.

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