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May 23, 2012, 08.50 AM IST
At 8:21 hours IST: Asian markets retreated on Wednesday due to eurozone worries. Chinese Shanghai Composite fell 2.97 points to 2,370.33 and Hong Kong's Hang Seng declined 276.56 points or 1.45% to 18,762.59.
Japan's Nikkei 225 Average lost 105.83 points or 1.21% to 8,623.46 and Singapore's Straits Times Index was down 29.76 points or 1.05% to 2,793.99.
South Korea's Kospi Composite Index went down 22.61 points or 1.24% to 1,806.08 and Taiwan Weighted slipped 100.54 points or 1.38% to 7,174.35.
Former Greek Prime Minister Lucas Papademos says preparations for the country's exit from the euro zone are being considered, but will be very damaging. He says such a move is unlikely to materialize but the risk is real.
Tags: Asian markets retreat on eurozone woes, Asian markets, Nikkei, Japan, South Korea's Seoul Composite, Taiwan's Taiwan Weighted, Hong Kong’s Hang Seng, Singapore's Straits Times
May 17 2013, 12:38
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May 17 2013, 12:39
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