Risk Appetite Slips as Emerging Asia’s Growth Outlook Weakens

Financial markets slipped in Asian session on Monday as investors cautiously awaited the meeting among European finance ministers regarding the sovereign debt crisis in the Eurozone. The market was also dragged down as the World Bank revised down the annual economic growth rate in East Asia. China’s slowdown is the major reason for the downgrade.

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Risk Appetite Slips as Emerging Asia’s Growth Outlook Weakens