Asian markets fell renewed fears of a double dip recession in the U.S. economy and persistent worries over the euro zone debt crisis has prompted investors to sell off their potential for riskier assets.
U.S. Jobs are described in the report on Friday the rate of employment growth has slowed during the month of August, when the rest of Europe are facing a number of legal and political criteria during the week could effect is to try to resolve their debt crisis.
FTSE 100 Index fell CNBC Asia 3%. Japan‘s Nikkei index slid almost 2%, thus losing the gains made last week. As the market fell by a weaker euro and the latest report on U.S. payrolls in August, increasing uncertainty about employment measures, which many think will not be enough to fend off another recession.
Stocks which have a relevant exposure to the euro zone was seen as the euro fell and gave her three weeks against the dollar weak and fragile against the yen. Sony fell 4%, Toshiba also saw a decline of 2.5% of its shares and TDK slid 4.2%
Nomura Holdings posted a decline of 4.6%, and according to the news is one of the 17 companies have been sued by a U.S. federal agency for mortgage securities that are related to the mortgage crisis in 2008.
Honda shares fall 4.7%. It closed in 2389 after falling and 2378th Seoul shares also took a player goes down more than 4%, losing all the gains last week as worries about the U.S. economy and attract investors to sell riskier assets.