Asia stocks fall While gold gains as China concerns mount
Bareksa • 14 Mar 2014
Pedestrians look at an electronic stock board outside a securities firm in Tokyo - (Bloomberg/Tomohiro Ohsumi)
Asian stocks fell, with a regional gauge set for the biggest weekly slump since June
Bloomberg - Asian stocks fell, with a regional gauge set for the biggest weekly slump since June, gold climbed with regional bond risk on concern China’s economy is faltering. Wheat headed for a second weekly gain before Crimea votes on leaving Ukraine.
The MSCI Asia Pacific Index sank 1.6 percent by 12:06 a.m. in Tokyo, set for its lowest close since Feb. 10. A gauge of Chinese firms in Hong Kong fell as much as 20 percent from a Dec. 2 high. The Nikkei 225 Stock Average slid 2.7 percent as the yen headed for its biggest weekly advance since Jan. 24.