March 11, 2025 10:31 AM

Asian stocks slide, yen gets a boost as US growth worries grip markets

Asian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent U.S. economic growth and lead to a recession, sending skittish investors to the safe-haven Japanese yen. Investor concerns about the potential economic slowdown were exacerbated after President Donald Trump in a Fox News interview talked about a "period of transition" while declining to predict whether his tariffs would result in a U.S. recession. Those comments and wo...