{"id":4471,"date":"2006-05-24T00:00:00","date_gmt":"2006-05-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"asian-stocks-slide-again-as-hedge-funds-fuel-rout-in-emerging-markets","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2006\/asian-stocks-slide-again-as-hedge-funds-fuel-rout-in-emerging-markets.html","title":{"rendered":"Asian stocks slide again as Hedge Funds fuel rout in Emerging Markets"},"content":{"rendered":"<p class=\"times\">  <span class=\"article_text\">FinFacts Ireland &#8211; Asian stocks continued falling on Tuesday and in Tokyo, the Nikkei-225 index closed 1.63% down, at <span class=\"style5\">15,599.20<\/span> and the  broader Topix index fell 2.3%. Mitsubishi UFJ Financial Group Inc. fell after the lender forecast a 37% drop in profit.&nbsp;<\/span><\/p>\n<p class=\"times\">  The Morgan Stanley Capital International Asia-Pacific Index, which tracks about 1,000 regional companies in 14 markets,&nbsp; fell 0.9 percent to 128.89. The index has fallen 10 percent since  reaching a record on May 8th.<\/p>\n<p class=\"times\">  The Philippine Stock Exchange Index fell 4%, the region&#8217;s biggest faller.<\/p>\n<p class=\"times\">  Stocks in developing countries tumbled Monday, extending one of their biggest losing streaks in nearly a decade, as growing worries about the global economic outlook amid rising interest rates,  prompted investors to abandon riskier markets world-wide.<\/p>\n<p class=\"times\">  The pullback in markets stretched from Turkey, India, Russia to Brazil.<\/p>\n<p><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/9-0&amp;fd=R&amp;url=http:\/\/www.finfacts.com\/irelandbusinessnews\/publish\/article_10005936.shtml&amp;cid=1106690069&amp;ei=Xwl0RLr9O4KuoQL8kP3UCA\">ReadComplete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FinFacts Ireland &#8211; Asian stocks continued falling on Tuesday and in Tokyo, the Nikkei-225 index closed 1.63% down, at 15,599.20 and the broader Topix index fell 2.3%. Mitsubishi UFJ Financial Group Inc. fell after the lender forecast a 37% drop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4471","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4471"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4471\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}