Stocks in the Asian market faced a steep decline for the second day following the drop in oil to less than $40 per barrel. In addition to the oil price drop, investors were curious about the US financial policy.
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Significant drops in stocks took place in Asia after the U.S. Federal Reserve Board pared economic stimulus.
Due to rising concerns over Syrian geopolitical issues, Asian stocks experience a decline as oil prices rise.
Asian stock became cautious while the European Central Bank held a summit and US payrolls report loomed.
A US$10 billion worth of initial public offerings are being threatened with the continuing decrease in Asia's Stock Market.
