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Monday, November 17, 2008

Asian Stocks Decline as Japan, Hong Kong Slide into Recession

Nov. 17 (Bloomberg) -- Asian stocks fell after Japan and Hong Kong slid into recession and the Group of 20 nations delayed agreeing on specific measures to combat the global crisis.

The MSCI Asia Pacific Index sank 1.9 percent to 81.56 at 9:22 a.m. in Tokyo, its lowest in 2 1/2 weeks.

 

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