- Asian stocks fall for a second day in a row because slower growth in China will curb the global economic recovery.
- The world’s biggest publicly traded commodities supplier, dropped 3.6 percent in Hong Kong.
- Japan’s Nikkei 225 Stock Average (NKY) lost 0.4 percent.
- The Chinese economy is heading toward slower growth than what we’ve seen in the past decade, which means it’s a lot less investment-intensive with less demand for commodities
Categories: Equity Capital Markets