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Asian markets fall on weak commodities, earnings
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Posted on
Nov 19 2008 3:55 AM
by
adeal
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Thailand — Most Asian markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy. Japan's benchmark Nikkei 225 average fell 55 points, or 0.7 percent, to 8,273.22 as investors digested a 64 percent slump in first-half earnings at the country's biggest bank, Mitsubishi UFJ Financial Group Inc.
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