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Overnight Markets: US stocks fall on Syria concerns
by Himanshu Singh on Aug 28, 2013 at 04:11
In Asia, shares declined on Wednesday on concern the US will take military action against Syria for using chemical weapons.
The MSCI Asia Pacific Index dropped 1.6% to 129 as of 11:42 a.m. in Tokyo. Japan’s Topix index slid 2.4%, South Korea’s Kospi Index fell 0.5%, New Zealand’s NZX 50 Index lost 0.5% and Australia’s S&P/ASX 200 dropped 1%. China’s Shanghai Composite Index slid 0.8%. Hong Kong’s Hang Seng Index declined 1.4%.
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