Nikkei, Hang Seng Slump on China Recovery, US Debt Fears

Nikkei, Hang Seng Slump on China Recovery, US Debt Fears

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Asia’s major share indexes were in retreat on Wednesday and on track for a second consecutive monthly drop as worrying China factory data and the continuing US debt ceiling stand-off distracted investors. China’s yuan hit a six-month low and stockmarkets staggered as weak factory activity figures…

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