Asia ex-Japan shares down 4th day; outlook foggy » financialsurfer.com

Asia ex-Japan shares down 4th day; outlook foggy

June 17th, 2009 | Category: Industry News

By Kevin Plumberg HONG KONG (Reuters) - Most stocks in Asia edged lower on Wednesday, weighed down by resource-related shares and doubts about a global economic recovery, while oil slipped below $70 a barrel ahead of U.S. inventory data that could reflect slowing energy demand. U.S. Treasuries eased on profit taking after a surge overnight, but may not stay down for long, especially after the Federal Reserve bought $6.45 billion in Treasury debt on Tuesday and …

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