The money troubles of Greece are dominating business news headlines around the world. They’re also the primary focus for many financial markets. But in Asia, there’s one notable exception. HPR’s Bill Dorman has more in today’s Asia Minute.
The Shanghai Composite Index closed trading Monday in bear market territory.
That means its fallen twenty percent from its peak—which it reached only on June 12th.
Even a surprise weekend rate cut by China’s central bank didn’t help.