Asian markets still wary over US economy
Tuesday, August 2nd, 2011 at
11:23 am
US law makers may have cleared their first hurdle towards sealing a debt deal but Asian markets opened in negative territory only hours after the House of Representatives vote. Shares fell on concerns that the US still won't be able to avoid a credit rating downgrade making borrowing for the super economy all the more expensive. Hong Kong followed the trend - the US economy clearly is not out of the woods due to rising unemployment and sluggish growth figures. ... www.euronews.net
Like this post? Subscribe to our RSS feed and get loads more!
