Asian shares extend losses as China worries darken sentiment
Asian shares extend losses as China worries darken sentiment
By YURI KAGEYAMA
TOKYO (AP) — Asian shares declined Tuesday, with Tokyo down 2% as worries about heavily indebted Chinese real estate developers weighed on sentiment.
On Monday, U.S. stocks logged their biggest drop since May, with the tech-heavy Nasdaq composite sinking 2.2%.
Markets were closed Tuesday in Taiwan, Shanghai and South Korea.
In Hong Kong, the Hang Seng dropped 0.5% to 23,971.73 as…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.