General World News

Asian Shares Slip as Crude Resumes Its Slide

Asian shares fell on Tuesday as crude oil prices slid on oversupply fears and after downbeat manufacturing data raised concerns about sluggish global economic growth.

Spreadbetters predicted European bourses would follow Asia lower, with IG predicting Britain’s FTSE 100 would start trading down 0.6 percent. Germany’s DAX was seen falling 0.7 percent, and France’s CAC 40 was expected to open down 0.6 percent.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down about 1 percent.

Previous days’ gains

Japan’s Nikkei ended down 0.6 percent as investors locked in profits after two straight days of big gains following the Bank of Japan’s decision to read more >>>

Source : VOANews.Com