Asian stocks on defensive on weak China data, Fed rate view

August 10, 2015 4:03 AM

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Asian stocks on defensive on weak China data, Fed rate view

China exports slump more than expected; US job data on the whole supports September Fed hike case

Tokyo: Asian shares were on the defensive on Monday after new indications of a slowdown in the Chinese economy strained the nerves of markets already unsettled by the prospect of a US interest rate hike in September.

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