NewsFeeder
Headline News
- Reaction score
- 3
Global Markets: Asian shares fall as China manufacturing data disappoints
Shares in Asia fell on Tuesday as readings on China's manufacturing activity failed to meet expectations, underscoring weakness in the world's second-largest economy despite Beijing's attempts to spur growth. The dollar-denominated MSCI index of Chinese shares dropped 0.8 percent. The weak manufacturing numbers suggest "stimulus is there to stay," said Frances Cheung, head of macro strategy for Asia at Westpac.
https://finance.yahoo.com/news/asian-shares-dip-investors-await-005940982.html?.tsrc=rss
Shares in Asia fell on Tuesday as readings on China's manufacturing activity failed to meet expectations, underscoring weakness in the world's second-largest economy despite Beijing's attempts to spur growth. The dollar-denominated MSCI index of Chinese shares dropped 0.8 percent. The weak manufacturing numbers suggest "stimulus is there to stay," said Frances Cheung, head of macro strategy for Asia at Westpac.
https://finance.yahoo.com/news/asian-shares-dip-investors-await-005940982.html?.tsrc=rss
