CNBC Asia

Those "out of favor" investments include retail and office real estate, as well as stocks in the entertainment and hospitality sectors, said Marks, co-founder and co-chairman of Oaktree Capital Management.

Chinese inflation data for August showed the producer price index declined 2.0% in August from a year earlier, according to China's National Bureau of Statistics.

The development comes as Taipei distances itself from China ahead of the U.S. presidential election and as China steps up military activity around the island.

Disney is facing backlash after the final credits for its latest film "Mulan" thanked government entities in Xinjiang, the province where Muslims have faced human rights abuses.

New York Gov. Andrew Cuomo is holding a news conference Tuesday as the state continues to carefully reopen more businesses and school districts.

Temasek's net portfolio value fell to 306 billion Singapore dollars ($223.73 billion) for the financial year that ended March 31.

Japan's revised GDP figures for the second quarter released Tuesday showed the country's economy shrinking an annualized 28.1% in April-June, according to second preliminary estimates released by the Cabinet Office.

The stock ended Tuesday's trading session at 33.1 Hong Kong dollars ($4.12), around 54% higher than its initial public offering price of 21.50 Hong Kong dollars.

As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home.

Duterte made a dramatic shift in the foreign policy of the Philippines when he declared in 2016 his "separation" from the U.S. — a military ally — to be closer to China.

U.S. President Donald Trump's administration is considering imposing export restrictions on Semiconductor Manufacturing International Corporation, China's largest manufacturer of semiconductors, according to a Defense Department spokesperson.

Tensions between the two countries in the technology space heated up over the weekend with the U.S. considering blacklisting China's largest chipmaker, Semiconductor Manufacturing International Corporation or SMIC.

A potential worsening in the coronavirus pandemic remains the top threat to the Singapore economy, according to economists surveyed by the Monetary Authority of Singapore.

The analysts highlighted the exception of China, which they said will "likely reach an end of 2019 growth level by end-2020."

Overnight on Wall Street, the Dow Jones Industrial Average plunged 807.77 points, or 2.8%, to 28,292.73 — its biggest one-day decline since June 11.

Tech stocks — the market leader since late March — led the decline overnight, with the Nasdaq Composite falling by 5% by the session close.

China's authorities aim to dispose 3.4 trillion yuan ($497 billion) worth of bad loans from the banking sector this year — only one-third of that have been written off, said Fitch.

New York City Mayor Bill de Blasio plans to hold a press briefing Thursday after President Donald Trump threatened to withhold federal funding to "lawless" cities.

A private survey released Thursday showed China's services sector activity expanding in August. The Caixin/Markit services Purchasing Managing Index (PMI) came in at 54.0, as compared to July's reading of 54.1.

Stocks in emerging markets have lagged global share prices as those countries reported some of the world's highest numbers of cumulative coronavirus cases.