Asia shares in retreat; China data darkens mood

Jan 30, 2014, 12:31 AM EST
Pedestrians walk past a share prices board in Tokyo.
AFP/Getty Images

Asian shares took a spill on Thursday as strains in emerging markets returned with a vengeance and the Federal Reserve further scaled back its stimulus - sending investors scurrying to safety in bonds and yen. Adding insult to injury, a measure of Chinese manufacturing slipped to a six month low for January and gave speculators a fresh excuse to target risk assets such as the Australian dollar.
 
Background:
Asia shares in retreat, China data darkens mood [Reuters]
Asian shares dive as Fed cut sparks emerging market fears [AFP]

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