Asia Shares Slump on China Recovery Fears, US Banking Worries

Asia Shares Slump on China Recovery Fears, US Banking Worries

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Asian stocks were in retreat on Friday, forced back by an onslaught of poor data out of China, an overnight slump on Wall Street sparked by banking sector worries and the continuing gloomy global picture. Japan’s Nikkei share average dropped more than 1% after a five-day winning streak, as…

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