• Asia stocks decline after China injects cash into economy

    7 monthes ago - By Chron

    BEIJING - Asian stocks declined Monday after China injected extra money into its cooling economy.
    KEEPING SCORE: The Shanghai Composite Index tumbled 2.8 percent to 2,741.63 and Sydney's S&P-ASX 200 lost 1.4 percent to 6,100.30. Hong Kong's Hang Seng retreated 0.8 percent to 26,350.36 and Seoul's Kospi shed 0.3 percent to 2,260.75. India's Sensex advanced 0.4 percent to 34,530.90 while Japanese markets were closed for a holiday. Benchmarks in Manila and Jakarta gained while New Zealand, Taiwan and Singapore retreated.
    WALL STREET: Prices fell amid uncertainty about U.S. interest rates.
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