Tuesday, 27 August 2013

Economy News Headlines - Yahoo! News: Q&A on turmoil in emerging Asian markets

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Q&A on turmoil in emerging Asian markets
Aug 28th 2013, 00:25

An Indian man watches a display screen on the facade of Bombay Stock Exchange building in Mumbai, India, Tuesday, Aug. 27, 2013. From India to Indonesia, the currencies and stock markets of emerging economies have been roiled by speculation about when the U.S. Federal Reserve will start scaling back monetary stimulus that has kept interest rates ultra-low and sent investors to developing markets in search of higher returns. Separately, Asian economies that had been star performers are now in the dumps and the ebbing investment tide has sparked fears the region will suffer a rerun of its 1997-98 financial crisis. (AP Photo/Rajanish Kakade)HONG KONG (AP) — From India to Indonesia, the currencies and stock markets of emerging economies have been roiled by speculation about when the U.S. Federal Reserve will start scaling back monetary stimulus that has kept interest rates ultra-low and sent investors to developing markets in search of higher returns. Separately, Asian economies that had been star performers are now in the dumps and the ebbing investment tide has sparked fears the region will suffer a rerun of its 1997-98 financial crisis.


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