NTDTV
Market Report - Asia Dips Again
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In today’s market report… worries over the euro zone’s debt crisis hammered Asian stocks Thursday. Some regional benchmarks were pushed to their lowest in more than eight months while pressuring the euro, which was not far above the previous day’s four-year low.
Germany’s move to stamp out speculators has added further worries to financial markets, already jittery about Greece’s heavy debts.
Investors fear that tough policies will dampen European and world growth.
Fears about slowing global growth, a falling euro, and Australia’s supertax on miners also bashed metal prices sharply lower.
South Korean markets were dealt an extra blow by rising tensions on the Korean peninsula, as Seoul exchanged tough rhetoric with Pyongyang over the cause of a navy ship sinking that killed 46 sailors.
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