Asia Pacific stock markets in full retreat as bears take control
by Martin Farrer and agencies from Economics | The Guardian on (#117YC)
US crude oil fell under $28 a barrel, its lowest point since 2003, as investors took fright at increasingly negative sentiment about the global economy
Asia Pacific stock markets have been pummelled as investors took fright at a continued slide in oil prices and mounting bearish sentiment about the global economy.
Related: Why are we looking on helplessly as markets crash all over the world? | Will Hutton
Continue reading...