Asian Stocks Slide :

Discussion in 'Wall St. News' started by bapunagar, Oct 12, 2006.

  1. Yes the Asian stock indexes fell yesterday; this was also evident in Australia, China, Hong Kong, India, Taiwan, Indonesia and Pakistan. Especially in Japan the stocks fell because the Bank of Japan reported that the figures in August and September showed that the lending rates are falling down in case of largest lenders unlike the regional banks. Since the lending rate rise is less than what was expected by the economists the markets fell, but this is likely to change in today's trading.