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Asia stocks, dollar brace for further slide as U.S., North Korea tensions intensify

Reuters  |  SINGAPORE 

By Nichola SaminatherSINGAPORE (Reuters) - Australian stock futures slumped early on Friday and other Asian markets looked set to follow as tensions ramped up between the U.S. and North Korea, sending investors into less risky assets such as gold, the yen and U.S. government bonds.The MSCI World index dropped 1.1 percent overnight in its third straight day of declines and its biggest one-day slide since May 17, as U.S. President Donald Trump stepped up his rhetoric against North Korea.Australian stock futures dropped 1.2 percent and New Zealand stocks slid 1.1 percent. Japanese markets ...

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First Published: Fri, August 11 2017. 05:44 IST
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