Asian financial shares dropped as levels of pay increases in Japan and ``less than ideal'' inflation in Australia damped speculation that consumers will spend more.
Mitsubishi UFJ Financial Group Inc., Japan's largest bank, was set for its biggest drop in eight months. National Australia Bank Ltd., the nation's No. 1 lender, was the biggest contributor to the fall in the S&P/ASX 200 Index.
Read more at Bloomberg.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment