Tag: China’s economy

Asian shares bounce off 3-year lows while China’s suffering goes on

  (Reuters)– Volatile global markets showed signs of a respite from the recent blood-letting on Tuesday, as bargain hunters helped Asian stocks off three-year lows hit on fears that China’s economy was risking a hard landing, with Chinese shares losing another 5 percent. Japan’s Nikkei average went down 369.02 points to 18171.66, while the broader Topix shed 29.99 points to 1450.77 on Tuesday. Later, Japan’s Nikkei erased most of its early losses after an intial […]