Asian shares slide on U.S. Fed focus

12/8/2013 | Bloomberg

Investors' growing expectations of reduced stimulus by the U.S. Federal Reserve drove Asian shares generally lower Friday and last week. "There is no denying U.S. optimism and economic growth is accelerating. Any signs employment is accelerating faster than expected mean the timing of taper will come forward, and that is being taken as equity adverse, and will drive these markets lower," said Evan Lucas, market strategist at IG in Melbourne.

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