Asian stocks fall amid dim US economy prospects (AP)

By admin on August 3rd, 2011

A currency trader gestures in front of a screen showing the Korea composite stock price index, left, and the exchange rate between the U.S. dollar and the South Korean won at the Korea Exchange Bank headquarters in Seoul, South Korea, Wednesday, Aug. 3, 2011. Asian stocks fell Wednesday amid increasing pessimism over economic prospects in the United States, despite the country having avoided a potentially catastrophic debt meltdown. (AP Photo/Ahn Young-joon)AP – Asian stocks fell sharply Wednesday as relief the U.S. averted a debt default gave way to increasing pessimism over prospects for the world’s biggest economy.


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