Asia stocks slip as Deutsche sours mood, oil pulls back

Asia stocks slip as Deutsche sours mood, oil pulls back
 

Asian stocks extended losses on Friday as worries about the health of Deutsche Bank weighed on financial shares and as oil prices inched back from near-one month highs on scepticism over OPEC's new plan to curb output.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS lost almost 1 percent and was on track for a 0.8 percent drop for the week.
But it is poised for a 1.7 percent gain in September, and a 9 percent jump in the third quarter.
On Thursday, Wall Street lost about 1 percent as Deutsche Bank shares slumped to a record low after a report that trading clients... read more

 
30 September 2016 in World News, Views: 39
Source: Reuters
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