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Friday, May 18, 2012

Asian stock markets sink on US, Europe worries

Asian stocks dived Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country euro currency union.Japan’s Nikkei 225 tumbled 2.4 percent to 8,660.23 as signs of weakness in critical export markets battered some of the country’s behemoth manufacturers.
Hong Kong’s Hang Seng slid 2.1 percent to 18,802.45 and Australia’s S&P/ASX 200 dropped 2.2 percent to 4,064.40.

From: http://ping.fm/o4BPb

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