Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month peak as fears over China’s sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors. MSCI’s broadest index of Asia-Pacific shares outside Japan slid to 495.03, its lowest since Nov. 29, before clawing back some of its losses to trade 0.49% lower at 500.43.
GLOBAL MARKETS-Asian stocks hit 9-month lows on worries over China, US rates
