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Asian stocks slumped 7% on Thursday as more evidence that the US economy is shrinking made investors brace for a potentially deep recession.
Policymakers scrambled for ways to bolster their economies and banks with South Korean and Australian leaders holding emergency meetings.
Shares in Asian and European banks tumbled on Tuesday as investors dumped stocks on concerns about exposure to troubled US mortgage lenders.
Record high oil prices at a barrel deepened worries about inflation on Thursday and weighed on some Asian stocks although Japanese shares ended slightly higher, as dealers…
The crowd roared as blue lights flickered, and images of skulls and three-eyed creatures were superimposed behind the Swedish electronica music duo The Knife. The enigmatic…
