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Asian Stocks Tumbles After Poor Performance On Wall Street

As persisting concerns about the Federal Reserve’s tightening and weaker-than-expected economic and profit data weighed on confidence ahead of a Fed policy meeting next week, Asian stock markets fell on Friday, matching losses on Wall Street. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) lost 1.3 percent, led by a 2.34 percent drop in …

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