Asia braces for the Trump effect

After his election as president of the United States, Donald Trump looks all but guaranteed to usher in a period of uncertainty. As 2017 dawns, FinanceAsia weighs up the risks.

It all depends on which Trump shows up,” said Piyush Gupta, chief executive of Singaporean bank DBS. “Will it be Trump the businessman or Trump the demagogue”

That is a question facing policy makers, bankers, investors and issuers across the world at the moment, as they prepare for Donald Trump to be inaugurated as president of the United States on January 20. After a raucous, sometimes outlandish campaign, everyone knows what Trump said. Few can claim to know what he really means.

That has added an unwelcome source of volatility to Asia’s markets. The MSCI AC Asia Pacific stock index fell by 3.3% the...

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