News Snapshot:
HANOI, May 6 (Reuters): Emerging Asian currencies slumped on Friday, with the yuan hitting a 18-month low, after investors aired concerns that rising interest rates and China reinforcing its "zero-COVID policy" could impede economic growth across the region. The Taiwanese dollar and the Indian rupee led losses, falling 0.7% each against the greenback, and ringgit fell to its lowest in more than two years. China said it would fight any comments and actions that distort, doubt or deny the country's Covid-19 response policy, state television reported on Thursday, after a meeting of the country's highest decision-making body. The yuan fell...
