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Asia tumbles as growth fears ratchet up

By: Decomposed in ROUND | Recommend this post (1)
Thu, 02 Jun 11 5:52 AM | 131 view(s)
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June 1, 2011, 9:31 p.m. EDT

Asia tumbles as growth fears ratchet up

By Sarah Turner , MarketWatch

SYDNEY (MarketWatch) â€” Asian shares tumbled Thursday morning, after some very weak U.S. data dented confidence in the trajectory of global economic growth.

Japanâ€™s Nikkei Stock Average dropped 1.8% to 9,555.67, while South Koreaâ€˜s Kospi fell 1.4% to 2,111.73.

Full story: http://www.marketwatch.com/story/asia-tumbles-as-growth-fears-ratchet-up-2011-06-01
Exporters were hard-hit, with Fanuc Ltd. down 3% in Tokyo, and Samsung Electronics Co. down 2.4% in South Korea.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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