February 10
08:20
2016
Asian stocks fell on Wednesday on growing concerns about the health of the world’s banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15-month high versus the dollar. Spreadbetters expected the pessimism to carry over into Europe, forecasting a slightly lower open for Britain’s FTSE (.FTSE), Germany’s DAX (.GDAXI) and France’s CAC (.FCHI). Japan’s Nikkei (.N225), which tumbled more than 5 percent Tuesday, suffered another bruising session and slid to a 16-month low.
