Akeman Capital Comment as Credit crisis worries Asia
Released on: January 7, 2008, 4:58 am
Press Release Author: BizBuz123
Industry: Financial
Press Release Summary: Akeman Capital recently reported that Asian markets fell after Wall Street posted its second big drop in a week as investors worried about the extent of fallout from the global credit crisis.
Press Release Body: According to sources close to the private equity firm, which has a significant presence in Europe, Akeman Capital noted recently that Japan\'s benchmark index fell 2 percent, while the Hang Seng in Hong Kong tumbled 3.2 percent. China\'s benchmark Shanghai Composite Index lost 4.9 percent in its biggest one-day decline in four months.
Reports from Akeman Capital apparently also revealed that shares had fallen in Australia, India, South Korea and the Philippines too.
Sources say that a spokesman for Akeman Capital recently stated that there has been renewed concern about the U.S. subprime loan problem amid reports that losses at U.S. and European financial institutions are expanding.
Web Site: http://
Contact Details: Calle Camilo Jose Cela 1, L-5 Modulo 102 41018 Sevilla Espana
Tel: 34-95-432-36-31 Fax: 34-95-432-36-32
E-mail: Information@akemancapital.com Web: www.akemancapital.com
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