Tax Reform in This Election Year: It's Not Likely
Walmart's New Health Food Push: Is It Too Hard to Swallow?Markets in Asia were troubled by rising oil and concerns that the global economy is getting into more trouble as each week passes.
The Shanghai Composite fell 6.5% to 2,749.
In Hong Kong, the Hang Seng fell 2.2% to 22,807. China Life (NYSE: LFC) dropped 3.1% to 28.3 yuan. China Petroluem (NYSE: SNP) fell 3% to 8.07.
In Tokyo, the Nikkei dropped 2.2% to 14,130. Mazda fell 5.5% to 568 yen. Toyota (NYSE: TM) dropped 3.2% to 5490 on concerns that its truck sales were falling in the US.
Data from Reuters.
Douglas A. McIntyre is an editor at 24/7 Wall St.
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