Odaily Planet Daily News: Due to Trump's ultimatum to Iran increasing the risk of further disruptions in Middle Eastern energy supplies, emerging market asset prices have fallen. On Monday morning, the MSCI Emerging Markets Index dropped by 2.5%, primarily affected by the decline in stock prices of South Korean chip manufacturers. As the war in Iran has lasted for four weeks with no signs of easing, risk assets continue to face pressure. 'Our view is that it is time to remain cautious rather than panic,' said Martin Schulz, head of international equity investments at Federated Hermes. '(The duration of the conflict) is the main issue. The longer this situation lasts, the worse it will get.' (Jin Shi)