Article DDRX Greek crisis: financial markets buffeted after no vote

Greek crisis: financial markets buffeted after no vote

by
Justin McCurry in Tokyo and agencies
from on (#DDRX)

Many stock markets in Asia fall sharply - but losses are limited as investors wait to see how European leaders will react to the referendum vote

Share prices were sent tumbling across the Asia-Pacific on Monday after Greece's resounding no vote in the weekend's bailout referendum raised fears it could be forced to exit the eurozone.

While significant losses had not descended into regional turmoil as Asian markets prepared to close, analysts warned of more trouble ahead depending on the outcome of crisis meetings of European leaders later today and on Tuesday.

Related: Greek referendum: finance minister Yanis Varoufakis resigns - live

Related: Greek referendum: we are back to wild markets of the 2008 banking crisis

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