Asian markets decline on ECB decision

Note: This section contains information in English only.
Source: Marketwatch
Asian equity markets tumbled on Thursday after ECB agreed to provide massive lending to European banks, bolstering investor caution. Some analysts suggest the cheap cash will only encourage lending among banks and will not contribute to the reduction of debt burden. Japan's Nikkei Stock Average fell 0.7%, Hong Kong's Hang Seng Index gave up 0.5% while South Korea's Kospi dropped 0.3%. Australia's S&P/ASX 200 index edged down 1.2% and Shanghai Composite plunged 1%.  

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