LONDON, Sept 22- Concern about a slowdown in China hammered stocks and commodities on Monday while signs of differences between major economic powers on the need to stimulate growth further clouded the outlook. The slide was carried over into Europe, where fears over Chinese demand hit miners' shares.» Read More
Asian stock markets took a breather Monday and were largely unchanged from Friday's close, after posting their best weekly gain in more than three months last week. Japan and South Korea both closed a touch lower.
Asian markets closed mostly higher Friday after comments by Federal Reserve Chairman Ben Bernanke raised hopes for an interest-rate cut in December, but China's Shanghai Composite Index ended sharply lower as PetroChina and financial stocks fell.
Asian markets ended higher across the board Thursday, as risk appetite returned to the market after comments from the vice chairman of the Federal Reserve bolstered expectations for a U.S. interest rate cut.
Asian markets slipped into the red Wednesday, with the exception of the Hang Seng index, paring back the modest gains made in the morning. Japan finished down while South Korea closed over 1 percent lower.
Asian markets see-sawed in volatile trade Tuesday to end mixed as financial counters rebounded on news that Citigroup will receive a large cash infusion from the investment arm of the Abu Dhabi government. The news pushed the Japanese and South Korean markets back into the black after spending most of the session in negative territory.
Asian markets surged to close firmly in the green Monday, with the exception of China's Shanghai Composite index, reversing four straight weeks of losses. Tokyo gained 1.6 percent, but South Korea came out tops with a whopping 4.7 percent advance.