TOKYO (Reuters) - Asian shares hit fresh one-year lows in early trading on Thursday, while oil and precious metal prices also tumbled as Turkey’s currency crisis and fears of an economic slowdown in China fanned worries about global growth.
The Multi Commodity Exchange of India (MCX), the country’s largest commodity exchange in terms of market share, will commence trading in rubber futures contracts from August 16.
SINGAPORE (Reuters) - Oil prices fell on Wednesday, pulled down by a report of increased U.S. crude inventories and as a darkening economic outlook stoked expectations of lower fuel demand.
TOKYO (Reuters) - Asian stocks sagged on Wednesday, failing to track Wall Street’s gains and with the dollar near a 13-month high as concerns about Turkey’s financial crisis weighed on investor appetite, despite the lira’s move away from an all-time low.
HONG KONG: Asian and European markets tumbled and the Turkish lira dived almost 8% yesterday on fears that the economic crisis gripping Turkey could spill over into the global economy.