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Asian stocks slide led by Tokyo on worries of rising yen: AP

13.06.2013 13:21

Asian stocks slide led by Tokyo on worries of rising yen: AP

YEREVAN, June 13. /ARKA/. Asian stock markets endured sharp losses Thursday as gyrations on the Tokyo market, the region’s biggest, continued — fueled by worries about a surging yen and monetary policies in the U.S.

Investor skepticism about the economic strategies of Prime Minister Shinzo Abe for extracting Japan from two decades of stagnation also figured high in the Nikkei 225’s big drop.

KOSPI dropped by 0.37% to 1902.88. Australian S&P/ASX 200 slumped 0.79% to 4687.60. –0—

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