Asian shares fall as dollar gains, Australian dollar slides

The dollar hit a one-month high against a basket of currencies on Wednesday while Asian shares fell, hit by worries that the days of easy money from the US Federal Reserve are numbered.

Asian shares extended their losses after a survey showed that growth in China’s services sector sagged to its weakest pace in nine months in June, adding to signs of a slowdown in the world’s second-largest economy.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1274524/asian-shares-fall-dollar-gains-australian-dollar