Economy
In reply to the discussion: STOCK MARKET WATCH, Monday, December 19, 2011. [View all]Ghost Dog
(16,881 posts)CANBERA (dpa-AFX) - Asian stocks fell on Monday as the sudden death of the mercurial leader of nuclear-armed North Korea, Kim Jong Il, added to ongoing uncertainties in the Eurozone...
... Japan's Nikkei index fell 1.3 percent to a three-week low, mirroring weak regional stocks after Fitch Ratings put France on a negative outlook and Kim Jong-il, North Korea's longtime leader, died of heart failure, sparking fears of regional instability. The broader Topix index lost a percent, with financials, shipping companies and securities firms pacing the declines...
... China's Shanghai Composite index eased 0.3 percent after data from the National Bureau of Statistics showed house prices in most of China's major cities declined for a second consecutive month in November amid government's efforts to cool property market. Hong Kong's Hang Seng index fell 1.2 percent.
Australian shares fell sharply... South Korea's Kospi average fell as much as 5 percent at one point before recouping some of its loss and ending down 3.4 percent at a three-week low, as the death of North Korean dictator Kim Jong Il raised fears of increased political instability in the region. The South Korean won tumbled to a two-year low against the green back on fears that tension on the Korean peninsula may escalate.
/... http://www.finanznachrichten.de/nachrichten-2011-12/22245083-asian-stocks-drop-on-eu-concerns-kim-s-death-020.htm