SINGAPORE -- Emerging Asian markets are on course for the worst half year in over a decade, as investors retreat from large tech companies in the region, while recession fears build up.

As of June 22, MSCI AC Asia ex-Japan index -- a gauge of the region's most-tracked stocks outside of Japan -- had dropped around 18% this year compared to the last six months of 2021 -- the biggest half-year decline since late 2011.
Interest hikes in emerging markets create uncertainties this year