Asian markets took a tumble today with China’s Shanghai Composite Index plunging on rumors that another interest rate hike is imminent. Hong Kong’s Hang Seng Index dropped 1.9% and Japan’s Nikkei 225 Index was down 1.4%.
Continue reading Asian Markets Slide as Chinese Interest Rate Hike Looms
Asian Markets Slide as Chinese Interest Rate Hike Looms originally appeared on DailyFinance on Fri, 12 Nov 2010 07:20:00.