Posts Tagged ‘ George Papandreou ’

Asian Stocks Fall as Greek Prime Minister Steps Down

November 10, 2011
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Asian stocks suffered a blow as Greek Prime Minister George Papandreou agreed to leave his post and Italian PM Silvio Berlusconi fought to maintain his advantage in face of the parliamentary vote. HSBC Hodings, Europe’s primary lender, slipped 1% in Hong Kong, while Takeda Pharmaceutical Co. fell 2.3%. Cnooc Ltd. fell 2.2% after the Chinese oil explorer’s BP Plc purchase in Argentina fell through. The MSCI Asia Pacific Index lost 0.4% in Tokyo, with approximately three shares falling for...

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