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The Big Story

After the sell-off: Where next for Asian markets?

Currency pressures and trade war concerns batter stocks

RYUSHIRO KODAIRA, Nikkei senior staff writer | China

HONG KONG/SINGAPORE -- In early October, as investors were dumping stocks in emerging markets from China to Argentina, veteran Wall Street investor Byron Wien sent out a memo to his clients. "The major question confronting investors is whether the U.S. equity market can continue to move higher when the rest of the world is experiencing an economic slowdown, political turmoil and trade disputes," Wien, vice chairman of the Blackstone Group, wrote.

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