Asian stock markets down amid economic pessimism (AP)

By admin on August 18th, 2011

A man walks by an electronic stock board of a securities firm in Tokyo Thursday, Aug. 18, 2011. Japan's benchmark Nikkei 225 fell 37.74 points, or 0.4 percent to 9,019.52 in the morning after the finance ministry said exports fell 3.3 percent from a year earlier to 5.78 trillion yen ($75.6 billion). The downturn was largely due to the strengthening yen and the ongoing impact of the March 11 earthquake and tsunami. (AP Photo/Koji Sasahara)AP – Asian stocks sank Thursday after an uneven day on Wall Street added to pessimism about the global economic outlook and Japan announced that exports had fallen for the fifth straight month in July.


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