Mon Jan 11, 2016/Reuters By Wayne Cole Asian shares sank to their lowest in over four years on Monday as doubts mounted about Beijing’s ability to manage the world’s second-biggest economy. The absence of Tokyo for a holiday only made liquidity even harder to come by, heightening volatility. Currency markets […]
Tag: Asian shares
Asian shares tumble to three-week low on China services PMI
Asian shares fell to a three-week low on Monday after growth in China’s services sector slowed sharply last month, raising concerns about the pace of recovery in the world’s second-largest economy, while safe-haven gold climbed. The dollar hovered near a four-week high, supported by an upbeat outlook for the U.S. […]
Asian shares, dollar, oil dip as U.S. shutdown drags on
Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while safe-haven gold inched higher. Financial bookmakers expected European shares .FTSE .GDAXI .FCHI to follow Asia lower and open down between 0.4 […]
