Asian Stocks Tumble, US Recession, Asian Markets Fell, Fears of US Crisis, Europe Banks, Asian Stock Markets - YReach.com

Asian stocks take a dip on account of possibility of US recession occurring again and European bank facing a financial crunch. Dips in stock market reverberated in several countries including Japan's Nikei, Hong Kong's Hang Seng and South Korea's Kospi. Other countries where stock market faced financial slide down are Singapore, mainland China, Taiwan and New Zealand. Financial market has been fluctuating as there is speculation rife that US may face another recession. Unemployment has been on the increase as unemployment claims have been on the increase. Even housing sales remained in the lurch.... Continue Reading>>>