Asian and European Markets Down on Geopolitical Worries, Tokyo Has Worst Day Since February
Malaysian Airlines to be taken private by the country’s sovereign wealth fund, Khazanah after two devastating air disasters.
Jitters and risk aversion are the themes across Asia and Europe this morning as the prospect of U.S. airstrikes in Iraq, renewed violence in Gaza and a steady increase in tension in Ukraine all bear heavily on the mood. Tokyo’s 3% fall is its worst in one day since February. China bucks the trend, rising on better than expected exports and Moscow also rises. German car-makers hit by Chinese anti-trust investigation. French digital security provider Gemalto a rare riser after agreeing to pay $890 million for SafeNet of the U.S. Malaysian Airlines to be taken private by the country’s sovereign wealth fund, Khazanah after two devastating air disasters.
