Australian shares lose nearly $30 bln in value as global risks hammer sentiment
Australian shares dropped more than 2% on
Thursday, losing about A$44 billion ($29.52 billion) in value,
as Washington’s move to slap tariffs on Europe and weak U.S.
data added to escalating fears over slowing global economic
growth.
Thursday, losing about A$44 billion ($29.52 billion) in value,
as Washington’s move to slap tariffs on Europe and weak U.S.
data added to escalating fears over slowing global economic
growth.
Posted by Reuters
