Asian shares fall on weak US data

Investor looking at stock indexAsian markets reacted negatively to weak economic data coming out of the US

Asian shares fell on Thursday as weak economic data from the US raised concerns about a slowdown in the global economic recovery.

Japan’s benchmark Nikkei 225 index fell 1.7%, while Australian shares slipped 2%.

Wall Street shares registered their biggest fall in 10 months, with the Dow Jones Industrial Average falling 2.2%.

Markets also reacted negatively to the news of a no-confidence motion against Japan’s prime minister Naoto Kan.

This article is from the BBC News website. © British Broadcasting Corporation, The BBC is not responsible for the content of external internet sites.

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