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Asian stock markets sink after US credit downgrade

August 08, 2011

BANGKOK (AP) -- Asian stocks nose-dived Monday as the first-ever downgrade of the U.S. government's credit rating jolted the global financial system, reinforcing fears that the world economy is weakening....

Source URL: http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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