Nikkei, Hang Seng Slip on Yen Rally, Global Recession Fears

Nikkei, Hang Seng Slip on Yen Rally, Global Recession Fears

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Asian stocks retreated on Thursday with weak consumer data from the US darkening the already gloomy global picture. And Japan’s central bank’s decision to stand firm on its stimulus approach strengthened the yen which in turn weighed on its exporters and investors across the region. Tokyo’s Nikkei…

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