The Traderszone Network

Published in TZ Latest News 20 September, 2015 by The TZ Newswire Staff

Asian shares slump on global growth concerns, U.S. selloff

Asian shares tumbled on Monday after the U.S. Federal Reserve’s decision to keep interest rates at record lows raised fresh concerns about growth globally, particularly in China. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 2 percent, with Australia (AXJO) down 2.4 percent and South Korea (.KS11) off 1.7 percent. Japan was closed for a long holiday.