Other analysts pointed to domestic factors as contributing to the selloff
Monday, such as news this morning that Japan's import bill for 2013 hit a record high on skyrocketing import prices.
And while some weak US economic data has dampened expectations the Fed will end, or taper, money-printing early, the emerging markets selloff
shows no sign of abating.
But in 'deficit' economies such as South Africa, Turkey and India, which have big external funding needs and have been at the forefront of the May selloff
, the rout could extend further.
Whether the abrupt selloff
was unusual depends on the time horizon used for comparison.
AM Castle was not immune to the selloff
in the second half of 2011 either.
The calculation method for RBC calculation will only be applicable this year and will halve the pressure for local insurance firms to sell off stocks, reducing the stock selloff
by NT$50-60 billion by the end of this year.
Abu Dhabi The UAE stock markets may come under increased selling pressure as fears that the European debt crisis is taking a turn for the worse triggered a selloff
across European and Asian markets yesterday.
But this was decided to be unnecessary after the Greek parliament passed a new austerity package, and enabling laws to fast-track the raising of taxes, the cutting of expenditure and the selloff
of State assets.
hundreds of teachers, parents and students converged on the Eastern Mediterranean University's (EMU) rector's office yesterday morning to protest the planned selloff
of the schools, which are attached to the 'state'-run university.
Gabelli, whose Gamco and related companies once pressed the board to allow him to increase his holdings past 15 percent to as much as a fifth of the company--now controls less than 12 percent, thanks to the latest selloff
Unrest in Libya and the threat of contagion to other oil producing countries in the region drove Brent crude to $113 a barrel on Thursday, but the selloff
in Asian stocks eased as investors started to nibble at beaten-down shares.
The crowds heard an hour of speeches against the pounds 250m forests selloff
by groups which use Chopwell Wood including horse riders, cyclists, walkers, runners, the Green Party, local MP Dave Anderson and Gateshead councillor Michael McNestry.