Asian stocks plunged on Tuesday following heavy Wall Street losses triggered by President Donald Trump's criticism of the US central bank. Asian stocks plunged on Tuesday following heavy Wall Street losses triggered by President Donald Trump's criticism of the US central bank. Wall Street indexes fell more than 2% on Monday after Mr Trump said on Twitter the Federal Reserve was the US economy's "only problem". US stocks are on track for their worst December since 1931 during the Great Depression. Mr Trump's Monday morning tweet heightened fears about the economy being destabilised by a president who wants control over the Fed.

Source: Irish Independent December 25, 2018 09:11 UTC