States to raise interest rates frequently trouble the global stock market crash yesterday.

<P> Raise interest rates in Turkey on Wednesday, South Korea and the European Central Bank raise interest rates yesterday. .Affected by rising interest rates, declining corporate earnings and other factors, yesterday, Europe, Asia stock markets fell, Asia's largest stock market decline in 2 years. .</ P> <P> Federal Reserve Chairman Ben Bernanke said June 5, accelerating inflation gains, unpopular. .Since June 2004 the Federal Reserve has been raising interest rates 16 consecutive times, to raise interest rates to 5%. .</ P> <P> higher interest rates to riskier emerging market assets less attractive because the cost of borrowing increases, the relative safety of bonds, increased return on investment. .</ P> <P> Asia's biggest stock market drop in 2 years, MSCI Asia Pacific Index fell 3.3%, to 119.62 points. .MSCI Asia Pacific Index of 16:10 yesterday, fell 3.3%, to 119.62 points. .4-day total since the index fell 8.2%. .</ P> <P> The Nikkei fell 3.1%, India's Sensitive index fell 4%. .Korean stock market fell 3.5%, the biggest decline in two years. .Hong Kong's Hang Seng index fell 2.3%, 33 stock index rose only one of Lenovo Group. .H share index fell 4.53%. .Singapore's stock market fell 2.5%, taking all of this year's gains. .</ P> <P> in the Asia Pacific market, only the Shanghai stock market contrarian received red. .The Shanghai Composite Index to close at 1591.49 points, up 0.12%. .</ P> <P> past month decline in global stock markets, MSCI World Index from May 9th 6-year high of 8.7% down. .(Nathalie) </ P>.