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Asian Markets Surge As Dollar Comes Back

Greenback back above 100 yen; best day in a month in Tokyo

By Jason Farago,  Newser Staff

Posted Mar 19, 2008 3:53 AM CDT

(Newser) – Stocks in Asia had their best day in a month as investors reacted to the Fed's 75-point rate cut and a top Chinese company announced higher-than-expected earnings. The Nikkei climbed 2.5%, with financial stocks leading gains, reports Bloomberg. Companies with substantial business in America...   Read full story »

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