Post by went on Oct 9, 2014 22:06:55 GMT -6
In Australia, mining shares lead the downward trend after China said it will levy import tariffs on coal and iron ore prices continued to decline.
The S&P/ASX200 index lower by almost 2% at 5,190.9 points shortly after opening.
There was broad-based selling among mining stocks with Rio Tinto and BHP Billiton both down more than 2%.
The S&P/ASX200 index lower by almost 2% at 5,190.9 points shortly after opening.
There was broad-based selling among mining stocks with Rio Tinto and BHP Billiton both down more than 2%.