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Asian stocks down as US manufacturing disappoints

Tuesday, September 4, 2012

WN.com - World News
Latest headlines from WN Network
Asian stocks down as US manufacturing disappoints
Sep 5th 2012, 03:35

BANGKOK (AP) -- Weaker-than-expected U.S. manufacturing figures, just days after China announced its own production slowdown, sent Asian stock markets down Wednesday. A measure of U.S. manufacturing activity ticked down from 49.8 in July to 49.6 in August, according to the Institute for Supply Management, a private trade group. It was the third straight month of a reading below 50, which indicates a contraction. The U.S. report comes amid...
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