Economy News Headlines - Yahoo! News: Stocks sag on Fed policy worries, China PMIs

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Economy News Headlines - Yahoo! News Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.

Stocks sag on Fed policy worries, China PMIs Jul 1st 2013, 03:12 By Masayuki Kitano and Ian Chua SINGAPORE/SYDNEY (Reuters) - Asian equities edged lower on Monday, hurt by worries that the U.S. Federal Reserve could start scaling back its massive monetary stimulus in September and signs of an economic slowdown in China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent, having last week posted a 2.8 percent rally, its biggest weekly gain since September 2012. The index, though, ended the first half of the year down 7.3 percent. ... Media files: 2013-07-01T031216Z_32_CBRE95J0V9100_RTROPTP_2_MARKETS-JAPAN-STOCKS.JPG (image/jpeg)

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