London — Emerging stocks fell to one-week lows on Monday after Friday’s sell-off in US technology shares hammered Asian electronics firms, while Qatari assets stabilised as Kuwait tries to mediate in the diplomatic crisis in the Middle East. MSCI’s benchmark emerging-market stocks index fell almost 1% after some of the big Asian manufacturers tumbled in the wake of a sharp slide in US tech giants Amazon, Apple and Facebook on Friday. South Korea’s Samsung Electronics lost 1.5% and Taiwan Semiconductor Manufacturing fell 2.1%, moves reflected in the broader indices. The Korean bourse fell 1%, Taiwan fell 0.9% and Hong Kong slipped 1.2%. China’s Shanghai Composite also fell 0.6%. Electronics shipments have led an export revival for many of Asia’s trade-reliant economies. The Korean won weakened 0.5% to three-week lows after the central bank chief said the bank would maintain its record low interest rate of 1.25%. Emerging Europe also opened lower with Polish shares leading the fallers...
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