-The Nikkei average fell 2 percent on Tuesday, as the yen surged to a one-month high versus the dollar on a report that U.S. regulators have told Bank of America and Citigroup they may need to raise more capital
-Based on the results of recently concluded "stress tests," U.S. regulators told Citigroup Inc and Bank of America Corpthey may need to raise more capital, the Wall Street Journal said, citing people familiar with the situation
-Hong Kong shares reversed early gains to end the morning session 1.4 percent lower on Tuesday as fears about the economic impact of a possible global spread of a swine flu outbreak triggered fresh selling.
-The World Health Organisation (WHO) has raised its alert level on swine flu to phase 4, indicating the infection could spread between between humans to cause "community-level outbreaks".
Source : Reuters
5 years ago
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