Asian stocks stall as Syria worries flare
BANGKOK (AP) - Renewed worries about possible US military intervention in Syria caused Asian stock markets to stall Wednesday.
Analysts at Credit Agricole CIB in Hong Kong said the optimism brought about by better-than-expected US manufacturing for August dissipated amid fears of a possible escalation in Syria's civil war following a chemical attack that killed scores of civilians.
The US government contends the regime of Syrian President Bashar Assad is responsible.
Analyst Gary Yau said in a commentary that "we expect no major shift in sentiment today despite a number of data scheduled for releases, as investors are set to stay cautious with one eye on the Syria development," ahead of this week's G-20 gathering of world leaders in Russia and US employment data on Friday.