Sunday, January 6, 2008

Asian stocks routed on U.S. recession fears (Reuters)



A passer-by watches the electronic stock board of a securities firm in Tokyo Monday, Jan. 7, 2008. Japan's benchmark Nikkei stock index lost 147.29 points to end Monday morning trading at 14,544.12 points on the Tokyo Stock Exchange. (AP Photo/Katsumi Kasahara)Reuters - Asian stocks slumped to a two-week
low on Monday, extending a weak start to 2008, while the dollar
hovered near multi-week lows after weak U.S. jobs data
heightened fears of recession in the region's top export
market.




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