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Rpt-global Markets-asia Stocks Slide as Financial Crisis Worsens


From: http://www.industry-raw-materials.com/Tag:Asian stocks, financial sector, stock markets, Nikkei HONG KONG, July 29 (Reuters) – Asian stocks fell sharply on Tuesday after Merrill Lynch, the third largest investment bank in the United States, said he would take the record $ 5.7 billion on bad debt, vuotante confidence in the financial sector instability.  Coming a day after one of Australia 'top of the bank s said it would have recorded more than $ 1 billion in credit-related losses, the news increased fears that the financial crisis of years that have beaten the overall stock market in bear market had further work.  It worries that the difficulties of the financial sector further insidino the global economy have kept the U.S. dollar under selling Monday 'level of a month s into yen. The price of gold rose for a fourth day and obligations of State lle Japanese climbing, pushing the yield of ten years of the reference mark to the lowest in three months.  "The equity markets are the chapter on expectations of a deepening crisis of global banking. The Asian and emerging markets are experiencing due to the spreading of risk aversion, "Sean Darby, principal strategist with Nomura Asia in Hong Kong, said in a note to clients.  Japan 'average of s Nikkei. N225 fell 2 percent, weighed by shares of exporters much in sight, as Honda Motor Co (7267.T: Quote, Profile, Research, hum reserve) and Canon Inc (7751.T: Quote, Profile, Research, hum reserve), as investors continued to punish companies dependent on overseas demand.  from http://www.industry-raw-materials.com/Tag:Asian stocks, financial sector, stock markets, Nikkei HONG KONG, July 29 (Reuters) – Asian stocks fell sharply on Tuesday after Merrill Lynch , The third largest investment bank in the United States, said he would take the record $ 5.7 billion on bad debt, vuotante confidence in the financial sector instability.  Coming a day after one of Australia 'top of the bank s said it would have recorded more than $ 1 billion in credit-related losses, the news increased fears that the financial crisis of years that have beaten the overall stock market in bear market had further work.  It worries that the difficulties of the financial sector further insidino the global economy have kept the U.S. dollar under selling Monday 'level of a month s into yen. The price of gold rose for a fourth day and obligations of State lle Japanese climbing, pushing the yield of ten years of the reference mark to the lowest in three months.  "The equity markets are the chapter on expectations of a deepening crisis of global banking. The Asian and emerging markets are experiencing due to the spreading of risk aversion, "Sean Darby, principal strategist with Nomura Asia in Hong Kong, said in a note to clients.  Japan 'average of s Nikkei. N225 fell 2 percent, weighed by shares of exporters much in sight, as Honda Motor Co (7267.T: Quote, Profile, Research, hum reserve) and Canon Inc (7751.T: Quote, Profile, Research, hum reserve) as investors continued to punish companies dependent on overseas demand. Â

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