Italian political crisis hits Asian stocks

Italian political crisis hits Asian stocks
 

The political crisis in Italy has hit Asian stock markets, as investors around the world shun risk.
The prospect of early elections and the possibility of eurosceptic parties strengthening their position raised concerns about eurozone stability.
Europe has struggled in recent years with a debt crisis and the UK's vote to leave the European Union.
Short-term Italian borrowing costs saw their biggest daily jump in 26 years, making it costlier for Italy to borrow.
Also hurting sentiment, the US said it planned to impose 25% tariffs on $50bn worth of Chinese imports "shortly" after... read more

 
30 May 2018 in Business, Views: 52
Source: BBC
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