1320 GMT - Prudential PLC remains resilient to the movements in interest rates, equity markets and foreign exchange for now but faces potential risks from a trade war between the U.S. and China, UBS says in a research note. These risks include potential further capital controls from China, lower economic growth in the insurance-and-investment business' Asian and African markets as well as market impacts that could potentially disrupt the listing of its Indian asset management arm, analysts write. "The market is once again pricing no growth," they add. Shares in London rise 1.9% but are down almost 12% on the tariff-triggered market turmoil since the start of April. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
April 08, 2025 09:20 ET (13:20 GMT)
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