Published Date:
27 May 2008
ASIAN stocks fell yesterday, with shares in Japan suffering their biggest dip in six weeks, as investors feared that rising inflation and sluggish US economic growth would seriously dent consumer demand in the region's biggest export market.
The Nikkei index in Japan fell 2.3 per cent, or 322 points, to 13,690.19 as the oil price edged higher and the dollar eased. Leading Japanese shares have lost 10 per cent so far this year. The MSCI index of Asian stocks outside Japan fell 1.4 percent.
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Last Updated:
26 May 2008 8:58 PM
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Source:
The Scotsman
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Location:
Edinburgh
