Asian stocks slip amid concerns about the global economic outlook [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Asian stocks slip amid concerns about the global economic outlook Stocks in Asia declined on Tuesday as investor sentiment dipped on concerns about the global outlook, after the International Monetary Fund (IMF) slashed its world economic growth forecast on Monday . In the Greater China region, the Shanghai composite declined about 1.18 percent to close at around 2,579.70 and the Shenzhen component fell 1.435 percent to finish its trading day at approximately 7,516.79. The Shenzhen composite also shed 1.171 percent to close at about 1,314.58. Hong Kong's Hang Seng index slipped almost 1 percent, as of its final hour of trading. Beijing announced on Monday that the Chinese economy grew 6.6 percent in 2018, which was the slowest pace since 1990. Meanwhile, the official Xinhua News Agency reported that Chinese President Xi Jinping said the country needed to be on guard for "black swan" events while also preventing "grey rhino" events. A black swan event is an unforeseen occurrence that h
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