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Markets jittery on mounting Greek uncertainty

February 15, 2012 RSS Feed Print

Earlier in Asia, Tokyo's benchmark Nikkei 225 index shed 0.2 percent to 9,238.10 and Hong Kong's Hang Seng was off 0.4 percent at 21,277.2. Seoul's Kospi fell 1.4 percent to 1,997.45. China's Shanghai Composite Index lost 0.4 percent to 2,356.86.

In the oil markets, prices fell alongside equities despite ongoing concerns about developments in the Persian Gulf and conflicting reports about whether Iran is cutting crude exports to Europe — the benchmark New York rate was down 56 cents at a barrel at $101.26.

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Joe McDonald in Beijing contributed to this report.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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