Growth fears stalk markets ahead of U.S. jobs data

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  • Slowing growth, inflation worries hurt Asia FX; ringgit leads
    "It's both temporary correction or squaring of positions ahead of event risks such as U.S. jobs data for this week," said Sean Yokota ... The Malaysian currency lost ground in overnight non-deliverable forwards markets, tracking slides in oil prices.
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  • China Keeps 'Zombie' Jobs Alive ; Beijing's Policy of Placing Dying Factories on Life Support May Hurt Growth
    To protect jobs and plants, the government and its state ... is worsening and its problems are becoming harder to overcome. Such fears helped ignite a steep sell-off on stock markets around the world. Shares on the exchange tumbled more than a third ...
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