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TOKYO. The majority of Asian stock markets fall until this afternoon, and led the regional index to a low level in four consecutive days. Asian markets triggered the negative sentiment Greek step back looking for additional bailouts, and the United States economic data is disappointing. These factors sparked fears over the global economic recovery.
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The MSCI Asia Pacific Index fell 0.4% to 133.77, at 5:20 pm Tokyo time. Meanwhile, the Kospi index fell 0.08%, Hang Seng index fell 0.26%, and Straits Times fell 0.86%. Meanwhile, the index is still in the green zone, ie a shift Nikkei 225 rose 0.09%, and the index of Australia S & P / ASX 200 rallied 0.73% after the central bank to strengthen its currency.
Shares of Samsung Electronics Co. fell 1.2% in Seoul, after Moody's Investors Service said Greece's debt default will probably affect very unstable against bank loans. Toyota Motor Corp. also down 1.1%, and Tokyo Electric Power Co.. corrected 9.5% after Moody's Japan KK lowered its ranking.
Meanwhile, stocks are still driving the BHP Billiton Ltd, which rallied 1.5% in Sydney, due to rising metal prices, and amid speculation China's oil demand will rise.
General manager at Chuo Mitsui Asset Management Co.. Naoteru installments mentioned, the problem of debt re-sticking Europe and the U.S. economic growth momentum may be slowing. "Investors are avoiding attitude to risk," he said.
Fumiyuki Nakanishi, an analyst at SMBC Friend Securities Co.. add, optimism for the U.S. economy recede and the financial problems Greece is still uncertain. "Investors will likely continue to divert their funds into bonds or cash safe, rather than risk assets like stocks," he said.
MF LINKS
The MSCI Asia Pacific Index fell 0.4% to 133.77, at 5:20 pm Tokyo time. Meanwhile, the Kospi index fell 0.08%, Hang Seng index fell 0.26%, and Straits Times fell 0.86%. Meanwhile, the index is still in the green zone, ie a shift Nikkei 225 rose 0.09%, and the index of Australia S & P / ASX 200 rallied 0.73% after the central bank to strengthen its currency.
Shares of Samsung Electronics Co. fell 1.2% in Seoul, after Moody's Investors Service said Greece's debt default will probably affect very unstable against bank loans. Toyota Motor Corp. also down 1.1%, and Tokyo Electric Power Co.. corrected 9.5% after Moody's Japan KK lowered its ranking.
Meanwhile, stocks are still driving the BHP Billiton Ltd, which rallied 1.5% in Sydney, due to rising metal prices, and amid speculation China's oil demand will rise.
General manager at Chuo Mitsui Asset Management Co.. Naoteru installments mentioned, the problem of debt re-sticking Europe and the U.S. economic growth momentum may be slowing. "Investors are avoiding attitude to risk," he said.
Fumiyuki Nakanishi, an analyst at SMBC Friend Securities Co.. add, optimism for the U.S. economy recede and the financial problems Greece is still uncertain. "Investors will likely continue to divert their funds into bonds or cash safe, rather than risk assets like stocks," he said.