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IPFS News Link • Economy - International

Asian stock markets start week with sharp losses, growing concerns about Europe

• AP
Asian stock markets fell sharply Monday, with sentiment soured by renewed anxiety about Europe’s debt problems and heavy Wall Street losses before the weekend.

Japan’s Nikkei 225 stock average lost 2 percent at 8,562.47 as the index hit fresh six-month intraday lows.

 

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Comment by Powell Gammill
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http://www.nytimes.com/2011/09/12/business/global/german-dissent-magnifies-uncertainty.html

Fears about Europe’s deteriorating finances intensified on Sunday as new doubts about the health of French banks, as well as Germany’s willingness to help Greece avert default, left investors bracing for another global stock market downturn this week.



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