Monday, October 13, 2014

Asian markets sink further on global economy fears

Asian markets suffered fresh selling pressure Monday, while the dollar dipped and oil hit multi-year lows, following another round of losses on Wall Street fuelled by global growth concerns.

Asian markets suffered fresh selling pressure Monday, while the dollar dipped and oil hit multi-year lows, following another round of losses on Wall Street fuelled by global growth concerns
Hong Kong and Shanghai pared initial heavy losses as traders digested data showing a better-than-expected rise in Chinese exports and imports.
Investors are also warily watching events in Hong Kong as clashes erupted in the city between pro-democracy protesters and masked men, hours after police began removing barricades that have blocked some main roads for the past two weeks.

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