Share prices are steep tumble in markets across Asia on Thursday.Stocks were sold in Asian markets following a plunge in Tokyo on Thursday morning and in Europe and the United States the previous day.The key index on the Hong Kong stock exchange fell nearly three percent from Tuesday.Shanghai's benchmark index lost over 3 percent from last week.The main index in the Philippines shed over 4 percent from Wednesday.
Fiscal analysts say speculation that US authorities will soon scale down their monetary easing measures has led to investors temporarily withdrawing their funds from Asian markets.
They predict share prices will remain volatile due to uncertainties over the US monetary policy.
Fiscal analysts say speculation that US authorities will soon scale down their monetary easing measures has led to investors temporarily withdrawing their funds from Asian markets.
They predict share prices will remain volatile due to uncertainties over the US monetary policy.
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