Asian stocks tumble on disappointing China PMI

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Source: Bloomberg
Equity markets slid deeper into the red on Wednesday after a factory gauge in China shrank more than expected, adding to worries over slowdown in the world's second biggest economy. The PMI measure fell from 47.3 in August to a preliminary 47.0 in September. The Shanghai Composite slumped 2.16%, while Hong Kong's benchmark Hang Seng dropped 2.33%. Elsewhere, the Australian S&P ASX declined 2.07%, while the Japanese markets were closed for a holiday. 
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Wed, 23 Sep 2015 09:34:04 GMT

Aussie and Kiwi drop amid China worries, whereas Yen firms

Both Australian and New Zealand's currencies experienced their biggest three-day slip over a month due to a sudden fall in Chinese manufacturing data, raising concern about the economy's state. The Aussie slid 0.9% to $0.7025, whereas the Kiwi fell 0.6% to $0.6257. In contrast to that, the Japanese Yen stepped up by 0.4% to 119.74 per US Dollar and by

Wed, 23 Sep 2015 08:45:15 GMT

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