Pakistan stocks, currency tumble after Bhutto killing
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Pakistani shares slumped on Monday and the currency hit a six-year low, the first market reaction to the killing of former premier Benazir Bhutto whose death has plunged the country into a violent political crisis.
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Oil prices surged and U.S. stock markets dipped as investors worried about fallout from the assassination of Benazir Bhutto as well as a batch of weak economic data.
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Pakistan's share market slumped on  Monday in its first reaction to the assassination of former  prime minister Benazir Bhutto whose death plunged the country  into one of its deepest crises.
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Rioting and violence spread across parts of Pakistan, leaving at least 27 people dead, following the assassination of Benazir Bhutto:
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U.S. stocks dropped on Thursday as an assassination in Pakistan sparked fears of global unrest, while an analyst warning of larger mortgage-related write-offs pressured financial shares.
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The assassination of former Pakistani prime minister Benazir Bhutto drew widespread international condemnation today, with governments and political leaders denouncing it as a blow to democratic aspirations and calling for renewed efforts against extremists.
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Asian stock markets tumbled on Monday, with exporters hit hard as the dollar slumped to a 15-year low against a basket of major currencies on concerns the U.S. economy may be heading into a recession.
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The Pakistani opposition leader's assassination has thrown the country into turmoil.
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Pakistani opposition leader Benazir Bhutto was killed in a gun and bomb attack after a rally in the city of Rawalpindi on Thursday, her party said.
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Stocks fell on Thursday after a weak durable goods report raised concerns about the outlook for the economy and an assassination in Pakistan sparked worries about global political stability.
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Pakistan accused al Qaeda of killing opposition leader Benazir Bhutto, whose assassination has plunged the nuclear-armed country into crisis and triggered bloody protests.
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Stocks had an uneven week after glum economic data and the turmoil in Pakistan led to sell-offs.
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The dollar slumped to a record low on Monday after a meeting of the finance chiefs of rich nations ended without words of support for the currency, while Wall Street weakness prompted a broad sell off in Asian stocks.
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Asian stocks fell on Friday as news of the assassination of Pakistani opposition leader Benazir Bhutto and fears over regional political turmoil triggered a flight to less risky assets such as bonds and gold.
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NAUDERO, Pakistan  - The body of Pakistan opposition leader Benazir Bhutto arrived in her family village for burial on Friday, hours after her assassination plunged the nuclear-armed country into one of the worst crises in its 60-year history.
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Stocks opened lower on Thursday after a weaker-than-expected reading on durable goods data, combined with the assassination of Pakistani opposition leader Benazir Bhutto, dimmed the outlook for economic growth and geopolitical security.
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Pakistan's ex-PM Benazir Bhutto is  killed in a presumed suicide attack, a spokesman for her party says.