Asia Stocks Post Worst Week Since September Before Chinese DataBy
Chinese shares retreat as billionaire reported missing
Japanese shares rise, paring weekly 1.6% slide on Topix index
Asian stocks had their biggest weekly drop since September as investors awaited data on Chinese retail sales and industrial production. Chinese shares slid after a report billionaire Guo Guangchang was missing added to concerns that slowing economic growth, a weakening yuan and an anti-corruption campaign is clouding the outlook for corporate profits.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Toys ‘R’ Us Plans Bankruptcy Filing Amid Debt Struggle
- Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed
- Toys ‘R’ Us Seeks Bankruptcy, Crushed by Debt and Online Rivals
- Equifax Stock Sales Are the Focus of U.S. Criminal Probe
- Geneva Police Confiscate Euro Bills Clogging Up Toilets