Asian Market Updates

Losses May Accelerate For Hong Kong Stock Market

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 620 points or 2.4 percent. The Hang Seng Index now rests just above the 25,450-point plateau and it's expected to open in the red again on Friday.

The global forecast for the Asian markets is soft on geopolitical concerns, interest rate fears and a drop in crude oil prices. The European and U.S. markets were down and the Asian bourses figure to follow suit.

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by RTTNews Staff Writer

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