i m in hong kong. the company battling contain the nuclear crisis could be facing more than $23 billion in compensation claims. renault s botched sky scandal threatens to run its reputation into a ditch forcing the chief operating officer to hang up his keys. and an economist once again, it s rattling the stock markets. take a look. tokyo s nikkei, hong kong s hang seng and the s&p asx 200 lost around 1.5% today.
crisis have not gone away. we re looking at 1.3827 there for the euro. the japanese yen just a shade under $83 for the dollar. asia, markets there ended lower following the down day in wall street as libya s civil war continue to rise on investors around the world. japan s nikkei lost 1.5% after figures showed the country s economy shrank more than they thought. it contracted by 1.3%, more than an initial reading of contracting by 1.1%. in australia, the s&p asx 200 also shrank by 1.5%. and mining and energy firms lost ground. as for the hong kong s hang seng, almost 1%. banking and insurance stocks were topping the loser s board