alexa

Search in IndianMoney.com

 
Home News Global Stocks

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

Stock carnage deepens, with Asia equities set for 20-month low

Thursday, December 20, 2018, 6:46 PM

Asia's equity traders are once again hitting the sell button with conviction. The regional equity gauge opened lower after Federal Reserve Chairman Jerome Powell delivered another interest-rate increase and signalled the central bank sees little threat to the economy from the recent market turmoil. Losses only worsened as the Topix index entered a bear market after the Bank of Japan kept policy unchanged.