Asia slides after Wall Street caves

Asian stocks fell early on 21st Aug., following Wall Street, as fears took hold of a China-led deceleration in global growth.The dollar continued retreating on shrinking expectations of an U.S. interest rate hike in September.In addition to China worries, emerging markets felt extra tremors after Turkey's lira plunged to a record low against the dollar on 20th Aug. after coalition talks that had been running for months collapsed.

Asian stocks fell early on 21st Aug., following Wall Street, as fears took hold of a China-led deceleration in global growth.The dollar continued retreating on shrinking expectations of an U.S. interest rate hike in September.In addition to China worries, emerging markets felt extra tremors after Turkey’s lira plunged to a record low against the dollar on 20th Aug. after coalition talks that had been running for months collapsed.

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