Asian stocks lower after US, Europe fall (AP)

By admin on December 22nd, 2011

FILE - TO GO WITH 2011 MUNDO  - In this Oct. 14, 2011 file photo, a man affiliated with the Occupy Wall Street protests tackles a police officer during a march towards Wall Street in New York. (AP Photo/Andrew Burton, File)AP – Asian stock markets fell Thursday, ending a two-day rally after investors were rattled by the European Central Bank’s huge loan to bolster the continent’s banks.


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In this Dec. 16, 2011 photo, Pete Dutro, right, from Boston, stands at Zuccotti Park in New York. At 36, Dutro is part of both Generation X and Occupy Wall Street. He’s a member of its finance working group. “Twenty-somethings really are the catalyst,” he says of the Occupy protests, but “my generation paved the way for them to do this.” (AP Photo/Bebeto Matthews)AP – Most Asian stock markets bounced back Tuesday as fears receded of political turmoil in the region following news of North Korean leader Kim Jong Il’s death the day before.


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REFILE - ADDING NAME OF THE RELIGIOUS LEADER AND CLARIFYING CAPTION</p>
<p>Retired Episcopal bishop George E. Packard, who is affiliated with the Occupy Wall Street movement, is walked to New York Police Department buses after being detained for entering a privately-owned piece of land near Juan Pablo Duarte Square in New York, December 17, 2011. REUTERS/Andrew Burton (UNITED STATES - Tags: CIVIL UNREST CRIME LAW RELIGION POLITICS)AP – Asian stocks sank Monday as the death of North Korea’s absolute ruler, Kim Jong Il, added to the uncertainties dogging financial markets.


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REFILE - ADDING NAME OF THE RELIGIOUS LEADER AND CLARIFYING CAPTION</p>
<p>Retired Episcopal bishop George E. Packard, who is affiliated with the Occupy Wall Street movement, is walked to New York Police Department buses after being detained for entering a privately-owned piece of land near Juan Pablo Duarte Square in New York, December 17, 2011. REUTERS/Andrew Burton (UNITED STATES - Tags: CIVIL UNREST CRIME LAW RELIGION POLITICS)AP – Asian stocks tumbled Monday as the death of the unpredictable leader of nuclear-armed North Korea, Kim Jong Il, added to uncertainties already dogging financial markets.


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Rev. Jesse Jackson of the U.S. addresses people gathered at the Occupy London Stock Exchange protest outside St. Paul's Cathedral, London, Thursday, Dec. 15, 2011. (AP Photo/PA, Yui Mok) UNITED KINGDOM OUT, NO SALES, NO ARCHIVEAP – Asian stocks rose Friday amid improving U.S. jobs and manufacturing data and the expected approval in Italy of an austerity plan intended to get the country’s finances under control.


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In this Dec. 13, 2011 photo, traders work on the floor of the New York Stock Exchange. Europe's stock markets fell again Wednesday, Dec. 14, 2011 as worries over the ability of governments to get a handle on their debts also pushed the common currency to an 11-month low below $1.30.  (AP Photo/Richard Drew)AP – Asian stock markets fell Thursday as Japanese business confidence dropped and higher borrowing costs for Italy sparked worries over the ability of European governments to get a grip on their ever-burgeoning debts.


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A man smokes in Central, business district, with a backdrop of Hong Kong Stock Exchange, right, Tuesday, Dec. 13, 2011. World stock markets vacillated Tuesday as criticism by ratings agencies sparked doubts about a historic European Union plan to fix a massive debt crisis by binding member economies closer together. (AP Photo/Kin Cheung)AP – Asian stocks fell Wednesday after the Federal Reserve refrained from offering new initiatives to help a slowly recovering U.S. economy.


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Christmas ornaments hang from a Christmas tree outside the New York Stock Exchange in New York December 8, 2011. REUTERS/Carlo Allegri (UNITED STATES - Tags: BUSINESS)AP – Asian stocks tumbled Friday as investors grew increasingly pessimistic that European leaders would conclude a crucial summit without finding a solution radical enough to fix the continent’s debt crisis.


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