Switch to Desktop Site
 
 

Asian shares dip amidst slowing economic recovery

Worries about trends in global growth, drove down U.S. and European equities, commodities and Asian markets on Wednesday. Earnings forecasts continue to be revised downward, say analysts. 

Image

A man talking on a mobile phone walks past an electronic board showing stock prices outside a securities company in Tokyo last month.

AP Photo/Shuji Kajiyama

About these ads

Asian shares inched lower on Thursday, taking their cues from an overnight drop in U.S. and European equities on renewed concerns about global growth, which also weighed on commodities.

The MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent, with Australian shares falling 0.4 percent, hit by sinking copper prices which deepened concerns about demand for Australia's raw materials.

South Korean shares opened down 0.4 percent.

Stock market quiz: Can you predict the market based on the trader's face? Stock market quiz: Can you predict the market based on the trader's face?
 
Next

Page 1 of 4

Share