Asia stocks slid on concern U.S., China growth weakens

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Source: Bloomberg
Asia's stocks dropped amid signs of weaker growth in the U.S. and China and on worries Europe's leaders are not improving the situation over the euro-debt crisis. Japan's Nikkei 225 stock average tumbled 1.2%, while Australia's S&P/ASX 200 Index dropped 0.8%. Hong Kong's Hang Seng Index declined 1.3%.
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Fri, 24 Aug 2012 17:30:58 GMT

German stocks drop before European leaders' meeting

German stocks tumbled for a third day amid investors awaiting the result of meeting between French, German and Greek leaders to review second bailout program for Greece. The DAX Index declined 0.3% to 6,931.14. The gauge still advanced 16% from the year's lowest level on June 5.

Fri, 24 Aug 2012 16:24:58 GMT

Euro falls against U.S. Dollar on ECB talks

The Euro cut a four-day rally versus the U.S. Dollar as the ECB bond purchasing plan was announced to be postponed until Germany's ruling on Eurozone bailout fund. On Friday, the Euro tumbled 0.4% to $1.2516, after reaching $1.2590 yesterday, the highest since July 4. It fell 0.3% to 98.28 Yen.

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