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Spas and Spa hotels in Karlovy Vary, Czech Republic

21.01.2008 - US economy fears hit Asian shares

US woes prompt Asian shares slump ...
Tokyo 'top city for good eating' ...
US to maintain Cuba embargo ...
Calm returns to global exchanges ...
More credit card use boosts Amex ...
Asian stock markets have had a negative day, with investors apparently unconvinced by US proposals for an economic stimulus package.

The Nikkei in Tokyo fell by 3.9% or 535.4 points to 13,325.9, its lowest close since October 2005.

The Czech Republic news are represented by www.karlovy-vary-czech-republic.com

The Hang Seng in Hong Kong was trading down 3.7%.

On Friday, President George W Bush called for a package including tax incentives for US businesses and direct tax relief for the American people.

The state of the US economy is very important to Asia's biggest companies because American consumers are some of their top customers.



(BBC)

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