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Asian markets fell sharply Monday as the Group of Seven cautioned against the yen’s rise and the Japanese government moved to recapitalize domestic banks and curb short-selling. Japan’s Nikkei 225 Index fell 6.4% to reach its lowest closing level since October 1982 while the Hang Seng lost 12.7%. (NYT)
Categories: Asia · Business & Finance Today · Financial Services · Japan · Markets, Economic News · White House
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