Australian Stocks Fall, Led by Axa Asia, Prime Infrastructure
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Australian stocks fell, led by Axa Asia Pacific Holdings Ltd., after Axa SA, its parent, withdrew aA$3.4 billion ($2.5 billion) offer for the shares of the company it doesn&#39;t already own.
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Asian stock markets fell on Monday, reacting to Friday&#39;s poor US economic news.
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Major Asian stock markets fell as much as 8 percent as panicky investors feared a U.S. recession could derail global economic growth, and a sharp drop in U.S. stock index futures pointed to heavy selling in New York later on Tuesday.
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Most markets in Asia fell by between 2 and 3 percent today as Wall Street was steady after yesterdayâs losses.
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Most markets in Asia were down between 2 and 3 percent today, their biggest drops since the sell-off two weeks ago.
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Asian stocks slid on Monday on gloomy U.S. jobs data, bleak earnings prospects at tech firms and high oil prices, while the Australian dollar hit a six-month peak after the coalition government was swept back to power.
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Asian and European stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the US government's stimulus plan to prevent a recession
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Wall Street stocks fell sharply on Friday after a disappointing earnings outlook at American Express (NYSE:AXP) compounded worries that the US economy is heading for a sharp slowdown.
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Business & money: Beijing's latest attempt to curb boom sends stock markets falling across Europe and Asia.
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Stocks fell on Thursday in the latest leg of a global equities sell-off as investors' diminishing appetite for risk drove them toward safer assets like bonds.
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Asian stocks and currencies fell on  Monday after tsunami waves triggered by the world's worst  earthquake in 40 years killed nearly 15,000 people and wreaked  havoc on tourist beaches.
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Technology stocks led Asian share  markets lower Friday after a retreat by their U.S. peers, with  investors cautious amid record-breaking oil prices and ahead of  U.S. jobs data later in the day.
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Stock markets fell sharply across most of Asia again today and continued declining in Europe, as investors worried about the drop on Tuesday in American stock indices and a Commerce Department report.
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Asian shares were mostly lower on  Monday amid weak volume and as a price war for Nippon Telegraph  and Telephone Corp.'s fixed-line business sent its shares  tumbling 5.7 percent.
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THE dollar reversed yesterday&#39;s modest gains to open more than half a US cent weaker today, weighed down on news Axa Asia Pacific had knocked back a takeover proposal from its French parent.
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Asian stocks fell in US trading after Xilinx Inc. and Altera Corp., the largest makers of programmable computer chips, cut their sales forecasts.
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Japanese shares fell on Wednesday as a stronger yen and worries over earnings outlooks weighed on tech stocks, but hefty gains in mining giant BHP  pushed the Australian market to fresh record highs.