Asian shares fall on fears for health of world economy
By Chikako Mogi TOKYO (Reuters) – Growing doubts over the health of global economies pushed Asian shares lower on Thursday, adding to investor caution before the European Central Bank meeting later in the day that could see interest rates cut to support growth. Investor sentiment has weakened as oil futures and U. S. stocks dropped overnight after the latest U. S. economic data cast doubts about the strength of the world’s biggest economy. The euro zone recession was behind mounting market expectations for the ECB to lower its main interest rate by 25 basis points to a record low 0. . . .
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