Asian Shares Retreat On Liquidity Worries
Asian Shares Retreat On Liquidity Worries CANBERA (dpa-AFX) - Asian stocks fell on Thursday as investors booked profits after recent strong gains on earnings optimism and amid firm signs of economic recovery. A spike in short-term interest rates raised worries that Chinese policymakers may be starting to shift to a tighter stance to rein in share prices and property markets. Chinese shares drifted lower as the country's short-term interest rates rose again, raising worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday. The benchmark Shanghai Composite index s...