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Asian Stock Markets Dive

US credit crisis has investors in Asian markets hedging their bets

By Jim O'Neill, Newser User

Posted Mar 7, 2008 6:07 AM CST

(Newser) – Japan’s Nikkei fell 3.3% and Australia’s S&P/ASX2000 dropped 3.2% as woeful US economic news—including rising foreclosures, worsening homeowner debt and impending credit defaults—sent Asian markets reeling, the Associated Press reports. Investors also worried that a key jobs report... Read full story »

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Asian Stock Markets Dive

US credit crisis has investors in Asian markets hedging their bets

stock market • Federal Reserve • Mortgage Bankers Association • exports • unemployment • Nikkei • credit crisis • Nikkei 225 Stock Average • S&P/ASX 200 • foreclosures

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More Newser Stories

Markets Reeling From Japan Crisis

Dow off more than 200 after Nikkei falls 11%

This Rally May Be the Real Deal

Positive indicators, better policy, historical benchmarks; the time is right for a bottom

World Markets Tumble

Biggest drop in over 20 years, Brit bailout fails to stop FTSE dive

Wait on Rate Hikes Until Crisis Eases

Fed should ignore critics, hold its ground until markets rebound

Treasury Boss: Worst Is Over

Paulson says US emerging from storm

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