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Asia stocks slide as global outlook darkens

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    • Reuters Tags : asia markets, america market recession, world market crash, ftse, nasdaq, dow jones, Posted: Tuesday , Dec 02, 2008 at 0952 hrs
    Market slump
    The US economy was confirmed to have fallen into a recession and this gloom is affecting world markets adversely.
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    Long-term government bond yields have also dropped on mounting expectations inflation in major economies will turn into falling prices, or deflation, and the sharp drop in commodity prices.

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