Slump in Japanese Equities

July 16, 2010

A 2.9% plunge in the Nikkei, its worst session in nearly six weeks, led a difficult day for Pacific Rim equities.  Weakness in stocks reflected yesterday’s poor indications of U.S. manufacturing and a disappointing earnings report from Google.  Stocks fell by 0.8% in South Korea, 0.7% in the Philippines, and 0.5% in New Zealand, Australian, [...]

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