Asia Pacific shares join global slump as ECB fails to deliver stimulus
by Staff and agencies from on (#WKMK)
Traders warn that the European bank has lost credibility after encouraging the market to believe that it would unleash yet more cheap money
Asian shares have joined a slump in global markets after the European Central Bank's stimulus package fell well short of markets' high expectations.
Traders warned that the ECB's failure to deliver another big round of monetary easing meant that it had "lost credibility" with the markets.
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